Post Utme Oau 2020 Economics Question 10
Practice objective / multiple choice question 10 from the 2020 Post Utme Oau Economics examination.
A firm's \cost function is given by C = 2L + 3K, where C is \cost, L is labor, and K is capital. If labor increases by 20% and capital remains cons\tant, what is the percentage change in \cost?
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About This Question
This is Post Utme Oau 2020 Economics Question 10. It is one of the objective questions from the 2020 Post Utme Oau Economics examination.
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