Post Utme Caleb University 2025 Economics Question 33

Practice objective / multiple choice question 33 from the 2025 Post Utme Caleb University Economics examination.

Post Utme Caleb University 2025 Economics Objective / Multiple Choice
Question 33 POST_UTME_CALEB_UNIVERSITY • 2025 • ECONOMICS • objective

A firm's revenue function is given by R(q) = 20q^2 - 10q. If the firm's fixed \cost is ₦500, what is the total \cost of producing 50 units?

Answer Options

A. ₦1250
B. ₦1500
Correct Answer C. ₦1750
D. ₦2000
Correct Answer
C
Correct Option:
₦1750

About This Question

This is Post Utme Caleb University 2025 Economics Question 33. It is one of the objective questions from the 2025 Post Utme Caleb University Economics examination.

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