Post Utme Christopher University 2017 Commerce Question 25

Practice objective / multiple choice question 25 from the 2017 Post Utme Christopher University Commerce examination.

Post Utme Christopher University 2017 Commerce Objective / Multiple Choice
Question 25 POST_UTME_CHRISTOPHER_UNIVERSITY • 2017 • COMMERCE • objective

A company's cost function is given by C = 1000 + 20Q, where C is the cost and Q is the quantity produced. If the company produces 100 units, what is its total cost?

Answer Options

A. ₦120,000
B. ₦130,000
Correct Answer C. ₦140,000
D. ₦150,000
Correct Answer
C
Correct Option:
₦140,000

About This Question

This is Post Utme Christopher University 2017 Commerce Question 25. It is one of the objective questions from the 2017 Post Utme Christopher University Commerce examination.

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