Post Utme Abu 2021 Economics Question 5

Practice objective / multiple choice question 5 from the 2021 Post Utme Abu Economics examination.

Post Utme Abu 2021 Economics Objective / Multiple Choice
Question 5 POST_UTME_ABU • 2021 • ECONOMICS • objective

A firm's \cost function is given by the equation TC = 100 + 2Q + 0.5Q^2, where TC is total \cost and Q is output. Find the marginal \cost function.

Answer Options

Correct Answer A. MC = 2 + Q
B. MC = 2 + 0.5Q
C. MC = 2 + 0.25Q
D. MC = 2 + 0.1Q
Correct Answer
A
Correct Option:
MC = 2 + Q

About This Question

This is Post Utme Abu 2021 Economics Question 5. It is one of the objective questions from the 2021 Post Utme Abu Economics examination.

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