Post Utme Ui 2018 Economics Question 35

Practice objective / multiple choice question 35 from the 2018 Post Utme Ui Economics examination.

Post Utme Ui 2018 Economics Objective / Multiple Choice
Question 35 POST_UTME_UI • 2018 • ECONOMICS • objective

A firm's \cost function is given by C(L,K) = 2L^2 + 3K. If the firm has 10 units of labor and 5 units of capital, what is the total \cost?

Answer Options

A. \( C = 50 \)
Correct Answer B. \( C = 60 \)
C. \( C = 70 \)
D. \( C = 80 \)
Correct Answer
B
Correct Option:
\( C = 60 \)

About This Question

This is Post Utme Ui 2018 Economics Question 35. It is one of the objective questions from the 2018 Post Utme Ui Economics examination.

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