Post Utme Uniosun 2021 Economics Question 10

Practice objective / multiple choice question 10 from the 2021 Post Utme Uniosun Economics examination.

Post Utme Uniosun 2021 Economics Objective / Multiple Choice
Question 10 POST_UTME_UNIOSUN • 2021 • ECONOMICS • objective

A firm's \cost function is given by C = 2L + 3K, where C is the \cost, L is the labor and K is the capital. If the firm uses 100 units of labor and 400 units of capital, find the \cost.

Answer Options

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

About This Question

This is Post Utme Uniosun 2021 Economics Question 10. It is one of the objective questions from the 2021 Post Utme Uniosun Economics examination.

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