Post Utme Uniosun 2021 Economics Question 25

Practice objective / multiple choice question 25 from the 2021 Post Utme Uniosun Economics examination.

Post Utme Uniosun 2021 Economics Objective / Multiple Choice
Question 25 POST_UTME_UNIOSUN • 2021 • ECONOMICS • objective

A firm's production function is given by the equation Q = 2L^2 + 3K. If the firm's \cost function is given by the equation C = 2L + 3K, what is the firm's minimum \cost?

Answer Options

A. ₦100
Correct Answer B. ₦200
C. ₦300
D. ₦400
Correct Answer
B
Correct Option:
₦200

About This Question

This is Post Utme Uniosun 2021 Economics Question 25. It is one of the objective questions from the 2021 Post Utme Uniosun Economics examination.

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