Post Utme Unilag 2025 Commerce Question 30
Practice objective / multiple choice question 30 from the 2025 Post Utme Unilag Commerce examination.
A company's cost function is given by C = 100L + 200K, where C is cost, L is labor, and K is capital. If labor increases by 20% and capital remains constant, what is the percentage change in cost?
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About This Question
This is Post Utme Unilag 2025 Commerce Question 30. It is one of the objective questions from the 2025 Post Utme Unilag Commerce examination.
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