Post Utme Abu 2020 Economics Question 4

Practice objective / multiple choice question 4 from the 2020 Post Utme Abu Economics examination.

Post Utme Abu 2020 Economics Objective / Multiple Choice

Question 4 POST_UTME_ABU • 2020 • ECONOMICS • objective

A firm's \cost function is given by C(q) = 2q^2 + 10q. What is the marginal \cost (MC) function?

Correct Answer A. MC(q) = 4q + 10

B. MC(q) = 2q + 10

C. MC(q) = 4q^2 + 10q

D. MC(q) = 2q^2 + 10

Correct Answer

Correct Option:

MC(q) = 4q + 10

This is Post Utme Abu 2020 Economics Question 4. It is one of the objective questions from the 2020 Post Utme Abu Economics examination.

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows

Chat with Support