Post Utme Babcock University 2020 Economics Question 18

Practice objective / multiple choice question 18 from the 2020 Post Utme Babcock University Economics examination.

Post Utme Babcock University 2020 Economics Objective / Multiple Choice
Question 18 POST_UTME_BABCOCK_UNIVERSITY • 2020 • ECONOMICS • objective

A firm's \cost function is given by C = 100 + 2Q + 0.5Q^2. If the firm produces 100 units of output, what is the total \cost?

Answer Options

A. ₦1,500
B. ₦2,000
Correct Answer C. ₦2,500
D. ₦3,000
Correct Answer
C
Correct Option:
₦2,500

About This Question

This is Post Utme Babcock University 2020 Economics Question 18. It is one of the objective questions from the 2020 Post Utme Babcock University Economics examination.

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