Post Utme Covenant University 2018 Economics Question 38

Practice objective / multiple choice question 38 from the 2018 Post Utme Covenant University Economics examination.

Post Utme Covenant University 2018 Economics Objective / Multiple Choice
Question 38 POST_UTME_COVENANT_UNIVERSITY • 2018 • ECONOMICS • objective

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

Answer Options

A. ₦10,000
B. ₦12,000
Correct Answer C. ₦14,000
D. ₦16,000
Correct Answer
C
Correct Option:
₦14,000

About This Question

This is Post Utme Covenant University 2018 Economics Question 38. It is one of the objective questions from the 2018 Post Utme Covenant University Economics examination.

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