Post Utme Bowen University 2024 Economics Question 6

Practice objective / multiple choice question 6 from the 2024 Post Utme Bowen University Economics examination.

Post Utme Bowen University 2024 Economics Objective / Multiple Choice
Question 6 POST_UTME_BOWEN_UNIVERSITY • 2024 • ECONOMICS • objective

A firm's \cost function is given by C(q) = 2q^2 + 5q + 10. If the firm produces 5 units of output, what is the total \cost of production?

Answer Options

A. ₦75
Correct Answer B. ₦85
C. ₦95
D. ₦105
Correct Answer
B
Correct Option:
₦85

About This Question

This is Post Utme Bowen University 2024 Economics Question 6. It is one of the objective questions from the 2024 Post Utme Bowen University Economics examination.

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