Post Utme Caleb University 2021 Economics Question 15

Practice objective / multiple choice question 15 from the 2021 Post Utme Caleb University Economics examination.

Post Utme Caleb University 2021 Economics Objective / Multiple Choice
Question 15 POST_UTME_CALEB_UNIVERSITY • 2021 • ECONOMICS • objective

A firm's total \cost is given by the equation TC = 500 + 20x + 2x^2, where x is the number of units produced. What is the marginal \cost when x = 10?

Answer Options

A. 40
B. 50
Correct Answer C. 60
D. 70
Correct Answer
C
Correct Option:
60

About This Question

This is Post Utme Caleb University 2021 Economics Question 15. It is one of the objective questions from the 2021 Post Utme Caleb University Economics examination.

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