Post Utme Lautech 2020 Commerce Question 33
Practice objective / multiple choice question 33 from the 2020 Post Utme Lautech Commerce examination.
A firm's cost function is given by C = 2L + 3H, where C is cost, L is labor, and H is capital. If the firm increases labor from 4 to 9 units, and capital from 9 to 16 units, by how much does the cost increase?
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About This Question
This is Post Utme Lautech 2020 Commerce Question 33. It is one of the objective questions from the 2020 Post Utme Lautech Commerce examination.
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