Post Utme Osustech 2024 Commerce Question 38

Practice objective / multiple choice question 38 from the 2024 Post Utme Osustech Commerce examination.

Post Utme Osustech 2024 Commerce Objective / Multiple Choice
Question 38 POST_UTME_OSUSTECH • 2024 • COMMERCE • objective

A firm's cost function is given by C = 2L + 3H, where C is the total cost, L is the number of laborers, and H is the number of machines. If the firm hires 3 laborers and 2 machines, what is the total cost?

Answer Options

A. ₦20
B. ₦25
Correct Answer C. ₦30
D. ₦35
Correct Answer
C
Correct Option:
₦30

About This Question

This is Post Utme Osustech 2024 Commerce Question 38. It is one of the objective questions from the 2024 Post Utme Osustech Commerce examination.

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