Post Utme Uniosun 2019 General Studies Question 27

Practice objective / multiple choice question 27 from the 2019 Post Utme Uniosun General Studies examination.

Post Utme Uniosun 2019 General Studies Objective / Multiple Choice
Question 27 POST_UTME_UNIOSUN • 2019 • GENERAL STUDIES • objective

A firm has a production function given by Q = 2L + 3K. If the price of labor is ₦100 per unit and the price of capital is ₦200 per unit, what is the total cost of producing 10 units of output?

Answer Options

A. ₦3000
Correct Answer B. ₦4000
C. ₦5000
D. ₦6000
Correct Answer
B
Correct Option:
₦4000

About This Question

This is Post Utme Uniosun 2019 General Studies Question 27. It is one of the objective questions from the 2019 Post Utme Uniosun General Studies examination.

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