Post Utme Bsu 2020 Commerce Question 4

Practice objective / multiple choice question 4 from the 2020 Post Utme Bsu Commerce examination.

Post Utme Bsu 2020 Commerce Objective / Multiple Choice
Question 4 POST_UTME_BSU • 2020 • COMMERCE • objective

A company has the following cost function: C(x) = 2x^2 + 3x + 10. If the price of the product is ₦5, how many units should the company produce to minimize its average cost?

Answer Options

A. 2
Correct Answer B. 4
C. 6
D. 8
Correct Answer
B
Correct Option:
4

About This Question

This is Post Utme Bsu 2020 Commerce Question 4. It is one of the objective questions from the 2020 Post Utme Bsu Commerce examination.

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