Post Utme Bowen University 2020 Economics Question 23

Practice objective / multiple choice question 23 from the 2020 Post Utme Bowen University Economics examination.

Post Utme Bowen University 2020 Economics Objective / Multiple Choice
Question 23 POST_UTME_BOWEN_UNIVERSITY • 2020 • ECONOMICS • objective

A firm's short-run \cost function is given by TC = 100 + 2Q + 0.1Q^2. What is the firm's average variable \cost when Q = 10?

Answer Options

A. ₦120
Correct Answer B. ₦130
C. ₦140
D. ₦150
Correct Answer
B
Correct Option:
₦130

About This Question

This is Post Utme Bowen University 2020 Economics Question 23. It is one of the objective questions from the 2020 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