Post Utme Pan Atlantic University 2017 Economics Question 23

Practice objective / multiple choice question 23 from the 2017 Post Utme Pan Atlantic University Economics examination.

Post Utme Pan Atlantic University 2017 Economics Objective / Multiple Choice
Question 23 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2017 • ECONOMICS • objective

A firm's \cost function is given by C = 2L + 3K. If the firm's current input levels are L = 10 and K = 5, calculate the firm's total \cost.

Answer Options

A. 50
Correct Answer B. 60
C. 70
D. 80
Correct Answer
B
Correct Option:
60

About This Question

This is Post Utme Pan Atlantic University 2017 Economics Question 23. It is one of the objective questions from the 2017 Post Utme Pan Atlantic University Economics examination.

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