Post Utme Uniport 2019 Economics Question 28
Practice objective / multiple choice question 28 from the 2019 Post Utme Uniport Economics examination.
A firm's \cost function is given by C = 2L + 3K, where C is \cost, L is labor and K is capital. If the firm's labor and capital are fixed at 16 and 9 units respectively, calculate the marginal \cost of labor.
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About This Question
This is Post Utme Uniport 2019 Economics Question 28. It is one of the objective questions from the 2019 Post Utme Uniport Economics examination.
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