Post Utme Nile University 2022 Economics Question 34

Practice objective / multiple choice question 34 from the 2022 Post Utme Nile University Economics examination.

Post Utme Nile University 2022 Economics Objective / Multiple Choice
Question 34 POST_UTME_NILE_UNIVERSITY • 2022 • ECONOMICS • objective

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's current labor and capital are 4 and 9 respectively, what is the firm's total \cost?

Answer Options

A. 20
B. 30
Correct Answer C. 40
D. 50
Correct Answer
C
Correct Option:
40

About This Question

This is Post Utme Nile University 2022 Economics Question 34. It is one of the objective questions from the 2022 Post Utme Nile University Economics examination.

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