Post Utme Nile University 2018 Economics Question 4
Practice objective / multiple choice question 4 from the 2018 Post Utme Nile University Economics examination.
A firm's \cost function is given by the equation TC = 100 + 2L + 3K, where TC is the total \cost, L is the labor and K is the capital. If the firm wants to minimize its \cost, what is the optimal level of labor?
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About This Question
This is Post Utme Nile University 2018 Economics Question 4. It is one of the objective questions from the 2018 Post Utme Nile University Economics examination.
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