Post Utme Ui 2018 General Studies Question 40

Practice objective / multiple choice question 40 from the 2018 Post Utme Ui General Studies examination.

Post Utme Ui 2018 General Studies Objective / Multiple Choice
Question 40 POST_UTME_UI • 2018 • GENERAL STUDIES • objective

A firm's cost function is given by C = 2L + 3K. If the labor input is 4 units and the capital stock is 2 units, what is the total cost?

Answer Options

A. ₦20
Correct Answer B. ₦30
C. ₦40
D. ₦50
Correct Answer
B
Correct Option:
₦30

About This Question

This is Post Utme Ui 2018 General Studies Question 40. It is one of the objective questions from the 2018 Post Utme Ui General Studies examination.

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