Post Utme Madonna University 2021 General Studies Question 10
Practice objective / multiple choice question 10 from the 2021 Post Utme Madonna University General Studies examination.
A company's cost function is given by C = 2L + 3K, where C is the cost, L is the labor, and K is the capital. If the company increases its labor from 4 units to 9 units, and its capital from 9 units to 16 units, what is the percentage change in cost?
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About This Question
This is Post Utme Madonna University 2021 General Studies Question 10. It is one of the objective questions from the 2021 Post Utme Madonna University General Studies examination.
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