Post Utme Osustech 2025 Geography Question 9

Practice objective / multiple choice question 9 from the 2025 Post Utme Osustech Geography examination.

Post Utme Osustech 2025 Geography Objective / Multiple Choice
Question 9 POST_UTME_OSUSTECH • 2025 • GEOGRAPHY • objective

A firm is producing a good with a production function of Q = 2L + 3K, where L is labor and K is capital. If the price of labor is ₦100 per hour and the price of capital is ₦200 per unit, what is the total cost of producing 100 units of the good?

Answer Options

A. The total cost of producing 100 units of the good is ₦50,000.
Correct Answer B. The total cost of producing 100 units of the good is ₦60,000.
C. The total cost of producing 100 units of the good is ₦70,000.
D. The total cost of producing 100 units of the good is ₦80,000.
Correct Answer
B
Correct Option:
The total cost of producing 100 units of the good is ₦60,000.

About This Question

This is Post Utme Osustech 2025 Geography Question 9. It is one of the objective questions from the 2025 Post Utme Osustech Geography examination.

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