Post Utme Redeemers University 2021 Commerce Question 19

Practice objective / multiple choice question 19 from the 2021 Post Utme Redeemers University Commerce examination.

Post Utme Redeemers University 2021 Commerce Objective / Multiple Choice
Question 19 POST_UTME_REDEEMERS_UNIVERSITY • 2021 • COMMERCE • objective

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

Answer Options

A. 24
B. 30
Correct Answer C. 36
D. 42
Correct Answer
C
Correct Option:
36

About This Question

This is Post Utme Redeemers University 2021 Commerce Question 19. It is one of the objective questions from the 2021 Post Utme Redeemers University Commerce examination.

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