Post Utme Caleb University 2020 Economics Question 27

Practice objective / multiple choice question 27 from the 2020 Post Utme Caleb University Economics examination.

Post Utme Caleb University 2020 Economics Objective / Multiple Choice
Question 27 POST_UTME_CALEB_UNIVERSITY • 2020 • ECONOMICS • objective

A firm's \cost function is given by C(q) = 2q^2 + 10q + 5. If the firm produces 20 units of output, what is the total \cost of production?

Answer Options

A. ₦1500
Correct Answer B. ₦2000
C. ₦2500
D. ₦3000
Correct Answer
B
Correct Option:
₦2000

About This Question

This is Post Utme Caleb University 2020 Economics Question 27. It is one of the objective questions from the 2020 Post Utme Caleb University Economics examination.

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