Post Utme Babcock University 2022 Economics Question 9

Practice objective / multiple choice question 9 from the 2022 Post Utme Babcock University Economics examination.

Post Utme Babcock University 2022 Economics Objective / Multiple Choice
Question 9 POST_UTME_BABCOCK_UNIVERSITY • 2022 • ECONOMICS • objective

A firm has the following \cost function: TC = 100 + 2Q + 0.5Q^2. If the firm produces 50 units of output, what is its 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 Babcock University 2022 Economics Question 9. It is one of the objective questions from the 2022 Post Utme Babcock University Economics examination.

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