Post Utme Christopher University 2018 Economics Question 25

Practice objective / multiple choice question 25 from the 2018 Post Utme Christopher University Economics examination.

Post Utme Christopher University 2018 Economics Objective / Multiple Choice
Question 25 POST_UTME_CHRISTOPHER_UNIVERSITY • 2018 • ECONOMICS • objective

A firm has a \cost function C(x) = 100 + 2x + 0.01x^2. If the firm produces 100 units of output, find the total \cost of production.

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 2018 Economics Question 25. It is one of the objective questions from the 2018 Post Utme Christopher University Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support