Post Utme Achievers University 2018 Economics Question 12

Practice objective / multiple choice question 12 from the 2018 Post Utme Achievers University Economics examination.

Post Utme Achievers University 2018 Economics Objective / Multiple Choice
Question 12 POST_UTME_ACHIEVERS_UNIVERSITY • 2018 • ECONOMICS • objective

A firm is producing a product with a production function F(x) = 2x^2 + 3x. If the firm's \cost function is C(x) = 10x + 20, what is the marginal \cost when the output is 5 units?

Answer Options

A. 15
B. 20
Correct Answer C. 25
D. 30
Correct Answer
C
Correct Option:
25

About This Question

This is Post Utme Achievers University 2018 Economics Question 12. It is one of the objective questions from the 2018 Post Utme Achievers University Economics examination.

Master the Exam!

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