Post Utme Bowen University 2017 Economics Question 29

Practice objective / multiple choice question 29 from the 2017 Post Utme Bowen University Economics examination.

Post Utme Bowen University 2017 Economics Objective / Multiple Choice
Question 29 POST_UTME_BOWEN_UNIVERSITY • 2017 • ECONOMICS • objective

A firm's \cost function is given by C = 2Q + 3Q^2, where Q is the quantity produced. If the firm produces 10 units, what is the total \cost?

Answer Options

A. ₦50
B. ₦60
Correct Answer C. ₦70
D. ₦80
Correct Answer
C
Correct Option:
₦70

About This Question

This is Post Utme Bowen University 2017 Economics Question 29. It is one of the objective questions from the 2017 Post Utme Bowen University Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support