Post Utme Bowen University 2017 Economics Question 11

Practice objective / multiple choice question 11 from the 2017 Post Utme Bowen University Economics examination.

Post Utme Bowen University 2017 Economics Objective / Multiple Choice
Question 11 POST_UTME_BOWEN_UNIVERSITY • 2017 • ECONOMICS • objective

A firm's average \cost curve is given by \( AC = \frac{100}{x} + 10 \), where ( x ) is the number of units produced. If the firm produces 20 units, what is the average \cost?

Answer Options

A. ₦5
Correct Answer B. ₦10
C. ₦15
D. ₦20
Correct Answer
B
Correct Option:
₦10

About This Question

This is Post Utme Bowen University 2017 Economics Question 11. It is one of the objective questions from the 2017 Post Utme Bowen University Economics examination.

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