Post Utme Afe Babalola University 2018 Commerce Question 34

Practice objective / multiple choice question 34 from the 2018 Post Utme Afe Babalola University Commerce examination.

Post Utme Afe Babalola University 2018 Commerce Objective / Multiple Choice
Question 34 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2018 • COMMERCE • objective

A firm's cost function is given by C = 100 + 2Q, where C is the total cost and Q is the quantity produced. If the firm produces 50 units, what is its total cost?

Answer Options

A. ₦250
B. ₦300
Correct Answer C. ₦350
D. ₦400
Correct Answer
C
Correct Option:
₦350

About This Question

This is Post Utme Afe Babalola University 2018 Commerce Question 34. It is one of the objective questions from the 2018 Post Utme Afe Babalola University Commerce examination.

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