Post Utme Bells University 2017 Economics Question 28

Practice objective / multiple choice question 28 from the 2017 Post Utme Bells University Economics examination.

Post Utme Bells University 2017 Economics Objective / Multiple Choice
Question 28 POST_UTME_BELLS_UNIVERSITY • 2017 • ECONOMICS • objective

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

Answer Options

A. ₦2500
B. ₦3000
Correct Answer C. ₦3500
D. ₦4000
Correct Answer
C
Correct Option:
₦3500

About This Question

This is Post Utme Bells University 2017 Economics Question 28. It is one of the objective questions from the 2017 Post Utme Bells University Economics examination.

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