Post Utme Al Hikmah University 2017 Commerce Question 42

Practice objective / multiple choice question 42 from the 2017 Post Utme Al Hikmah University Commerce examination.

Post Utme Al Hikmah University 2017 Commerce Objective / Multiple Choice

Question 42 POST_UTME_AL-HIKMAH_UNIVERSITY • 2017 • COMMERCE • objective

A firm's cost function is given by C(x) = 50x + 100. What is the firm's average cost function?

Answer Options

Correct Answer A. ( 50 + rac{100}{x} )

B. ( 50 - rac{100}{x} )

C. ( 50 + rac{100}{x^2} )

D. ( 50 - rac{100}{x^2} )

Correct Answer

Correct Option:

( 50 + rac{100}{x} )

About This Question

This is Post Utme Al Hikmah University 2017 Commerce Question 42. It is one of the objective questions from the 2017 Post Utme Al Hikmah University Commerce examination.

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