Post Utme Nile University 2025 Commerce Question 39

Practice objective / multiple choice question 39 from the 2025 Post Utme Nile University Commerce examination.

Post Utme Nile University 2025 Commerce Objective / Multiple Choice
Question 39 POST_UTME_NILE_UNIVERSITY • 2025 • COMMERCE • objective

A firm's cost function is given by C = 2L + 3K, where L is labor and K is capital. If the firm's current labor and capital inputs are L = 4 and K = 9, respectively, what is the firm's current 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 2025 Commerce Question 39. It is one of the objective questions from the 2025 Post Utme Nile University Commerce examination.

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