Post Utme Unilorin 2017 Economics Question 40

Practice objective / multiple choice question 40 from the 2017 Post Utme Unilorin Economics examination.

Post Utme Unilorin 2017 Economics Objective / Multiple Choice
Question 40 POST_UTME_UNILORIN • 2017 • ECONOMICS • objective

A firm's \cost function is given by C = 2L + 3K. If the firm's labor (L) is 10 and its capital (K) is 5, what is the firm's total \cost?

Answer Options

A. 25
Correct Answer B. 30
C. 35
D. 40
Correct Answer
B
Correct Option:
30

About This Question

This is Post Utme Unilorin 2017 Economics Question 40. It is one of the objective questions from the 2017 Post Utme Unilorin Economics examination.

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