Post Utme Nile University 2025 Commerce Question 29

Practice objective / multiple choice question 29 from the 2025 Post Utme Nile University Commerce examination.

Post Utme Nile University 2025 Commerce Objective / Multiple Choice
Question 29 POST_UTME_NILE_UNIVERSITY • 2025 • COMMERCE • objective

A firm's cost function is given by the equation ( TC = 2L + 3K ), where TC is the total cost, L is the number of labor units, and K is the number of capital units. If the firm's total cost is 100 units and the number of labor units is 20 units, then the number of capital units required is

Answer Options

A. 5
Correct Answer B. 10
C. 15
D. 20
Correct Answer
B
Correct Option:
10

About This Question

This is Post Utme Nile University 2025 Commerce Question 29. It is one of the objective questions from the 2025 Post Utme Nile University Commerce examination.

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