Post Utme Abu 2017 Commerce Question 23

Practice objective / multiple choice question 23 from the 2017 Post Utme Abu Commerce examination.

Post Utme Abu 2017 Commerce Objective / Multiple Choice
Question 23 POST_UTME_ABU • 2017 • COMMERCE • objective

A firm's cost function is given by C(q) = 2q^2 + 5q + 10. If the firm produces 10 units of output, what is the total cost of production?

Answer Options

A. ₦150
B. ₦250
Correct Answer C. ₦350
D. ₦450
Correct Answer
C
Correct Option:
₦350

About This Question

This is Post Utme Abu 2017 Commerce Question 23. It is one of the objective questions from the 2017 Post Utme Abu Commerce examination.

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