Post Utme Uniben 2025 Economics Question 25

Practice objective / multiple choice question 25 from the 2025 Post Utme Uniben Economics examination.

Post Utme Uniben 2025 Economics Objective / Multiple Choice
Question 25 POST_UTME_UNIBEN • 2025 • ECONOMICS • objective

A firm's production function is given by Q = 2L^0.5K^0.5. If the firm's current input prices are w = ₦100 and r = ₦200, and it currently employs 3 units of labor and 6 units of capital, calculate the firm's current total \cost.

Answer Options

A. ₦1,200
B. ₦1,400
Correct Answer C. ₦1,600
D. ₦1,800
Correct Answer
C
Correct Option:
₦1,600

About This Question

This is Post Utme Uniben 2025 Economics Question 25. It is one of the objective questions from the 2025 Post Utme Uniben Economics examination.

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