Post Utme Ui 2023 Commerce Question 34

Practice objective / multiple choice question 34 from the 2023 Post Utme Ui Commerce examination.

Post Utme Ui 2023 Commerce Objective / Multiple Choice
Question 34 POST_UTME_UI • 2023 • COMMERCE • objective

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

Answer Options

A. 34
B. 40
Correct Answer C. 46
D. 52
Correct Answer
C
Correct Option:
46

About This Question

This is Post Utme Ui 2023 Commerce Question 34. It is one of the objective questions from the 2023 Post Utme Ui Commerce examination.

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