Post Utme Afe Babalola University 2021 Economics Question 18

Practice objective / multiple choice question 18 from the 2021 Post Utme Afe Babalola University Economics examination.

Post Utme Afe Babalola University 2021 Economics Objective / Multiple Choice
Question 18 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2021 • ECONOMICS • 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 the total \cost?

Answer Options

A. 150
B. 200
Correct Answer C. 250
D. 300
Correct Answer
C
Correct Option:
250

About This Question

This is Post Utme Afe Babalola University 2021 Economics Question 18. It is one of the objective questions from the 2021 Post Utme Afe Babalola University Economics examination.

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