Post Utme Caleb University 2018 Economics Question 9

Practice objective / multiple choice question 9 from the 2018 Post Utme Caleb University Economics examination.

Post Utme Caleb University 2018 Economics Objective / Multiple Choice
Question 9 POST_UTME_CALEB_UNIVERSITY • 2018 • ECONOMICS • objective

A firm's \cost function is given by C = 100 + 2Q + 0.01Q^2, where C is the total \cost and Q is the quantity produced. If the firm produces 100 units, what is the total \cost?

Answer Options

A. ₦1200
B. ₦1300
Correct Answer C. ₦1400
D. ₦1500
Correct Answer
C
Correct Option:
₦1400

About This Question

This is Post Utme Caleb University 2018 Economics Question 9. It is one of the objective questions from the 2018 Post Utme Caleb University Economics examination.

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