Post Utme Osustech 2018 Commerce Question 25

Practice objective / multiple choice question 25 from the 2018 Post Utme Osustech Commerce examination.

Post Utme Osustech 2018 Commerce Objective / Multiple Choice
Question 25 POST_UTME_OSUSTECH • 2018 • COMMERCE • objective

A firm's cost function is given by C = 100 + 2L + 3K. If the firm's labor and capital inputs are 4 and 9 respectively, what is the firm's total cost?

Answer Options

A. 200
B. 300
Correct Answer C. 400
D. 500
Correct Answer
C
Correct Option:
400

About This Question

This is Post Utme Osustech 2018 Commerce Question 25. It is one of the objective questions from the 2018 Post Utme Osustech Commerce examination.

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