Post Utme Christopher University 2017 Economics Question 2

Practice objective / multiple choice question 2 from the 2017 Post Utme Christopher University Economics examination.

Post Utme Christopher University 2017 Economics Objective / Multiple Choice
Question 2 POST_UTME_CHRISTOPHER_UNIVERSITY • 2017 • ECONOMICS • objective

A firm's \cost function is given by C = 100 + 2Q + 0.5Q^2, where C is total \cost and Q is output. If the firm produces 20 units of output, what is the total \cost?

Answer Options

A. 250
B. 300
Correct Answer C. 350
D. 400
Correct Answer
C
Correct Option:
350

About This Question

This is Post Utme Christopher University 2017 Economics Question 2. It is one of the objective questions from the 2017 Post Utme Christopher University Economics examination.

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