Post Utme Pan Atlantic University 2022 Commerce Question 19

Practice objective / multiple choice question 19 from the 2022 Post Utme Pan Atlantic University Commerce examination.

Post Utme Pan Atlantic University 2022 Commerce Objective / Multiple Choice
Question 19 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2022 • COMMERCE • objective

A firm's cost function is given by C(L) = 2L + 10. If the firm's current labor input is 5 units, what is the required total cost?

Answer Options

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

About This Question

This is Post Utme Pan Atlantic University 2022 Commerce Question 19. It is one of the objective questions from the 2022 Post Utme Pan Atlantic University Commerce examination.

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