Post Utme Babcock University 2022 Economics Question 29

Practice objective / multiple choice question 29 from the 2022 Post Utme Babcock University Economics examination.

Post Utme Babcock University 2022 Economics Objective / Multiple Choice
Question 29 POST_UTME_BABCOCK_UNIVERSITY • 2022 • ECONOMICS • objective

A company in Nigeria produces two products: A and B. The \cost function for product A is C_A = 100 + 2Q_A, where C_A is the \cost of product A and Q_A is the quantity produced. The \cost function for product B is C_B = 50 + Q_B. If the company produces 10 units of product A and 5 units of product B, what is the 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 Babcock University 2022 Economics Question 29. It is one of the objective questions from the 2022 Post Utme Babcock University Economics examination.

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