Post Utme Rsu 2018 Economics Question 25

Practice objective / multiple choice question 25 from the 2018 Post Utme Rsu Economics examination.

Post Utme Rsu 2018 Economics Objective / Multiple Choice
Question 25 POST_UTME_RSU • 2018 • ECONOMICS • objective

A firm's \cost function is given by C = 2L + 3K. If the firm's current labor and capital inputs are L = 10 and K = 5, respectively, what is the total \cost?

Answer Options

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

About This Question

This is Post Utme Rsu 2018 Economics Question 25. It is one of the objective questions from the 2018 Post Utme Rsu Economics examination.

View More Post Utme Rsu 2018 Economics Questions More Post Utme Rsu Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support