Post Utme Caleb University 2024 Economics Question 29

Practice objective / multiple choice question 29 from the 2024 Post Utme Caleb University Economics examination.

Post Utme Caleb University 2024 Economics Objective / Multiple Choice
Question 29 POST_UTME_CALEB_UNIVERSITY • 2024 • ECONOMICS • objective

A company produces two products, A and B. The production \costs of the two products are given by the equations C_A = 100 + 2x and C_B = 150 + 3x, where x is the number of units produced. If the company produces 50 units of product A and 30 units of product B, what is the total \cost of production?

Answer Options

A. ₦10,500
B. ₦11,000
Correct Answer C. ₦11,500
D. ₦12,000
Correct Answer
C
Correct Option:
₦11,500

About This Question

This is Post Utme Caleb University 2024 Economics Question 29. It is one of the objective questions from the 2024 Post Utme Caleb University Economics examination.

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