Post Utme Bowen University 2019 Economics Question 24

Practice objective / multiple choice question 24 from the 2019 Post Utme Bowen University Economics examination.

Post Utme Bowen University 2019 Economics Objective / Multiple Choice
Question 24 POST_UTME_BOWEN_UNIVERSITY • 2019 • ECONOMICS • objective

A firm has a \cost function given by C = 2Q + 3Q^2, where Q is the quantity produced. If the firm produces 5 units, what is the total \cost?

Answer Options

A. 35
B. 40
Correct Answer C. 45
D. 50
Correct Answer
C
Correct Option:
45

About This Question

This is Post Utme Bowen University 2019 Economics Question 24. It is one of the objective questions from the 2019 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