Post Utme Uniben 2017 General Studies Question 4

Practice objective / multiple choice question 4 from the 2017 Post Utme Uniben General Studies examination.

Post Utme Uniben 2017 General Studies Objective / Multiple Choice
Question 4 POST_UTME_UNIBEN • 2017 • GENERAL STUDIES • objective

A firm's cost function is given by C = 2L + 3K, where C is cost, L is labor, and K is capital. If the firm is currently using 10 units of labor and 15 units of capital, what is the total cost?

Answer Options

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

About This Question

This is Post Utme Uniben 2017 General Studies Question 4. It is one of the objective questions from the 2017 Post Utme Uniben General Studies examination.

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