Post Utme Covenant University 2020 Economics Question 4

Practice objective / multiple choice question 4 from the 2020 Post Utme Covenant University Economics examination.

Post Utme Covenant University 2020 Economics Objective / Multiple Choice
Question 4 POST_UTME_COVENANT_UNIVERSITY • 2020 • ECONOMICS • objective

A firm's \cost function is given by C(x) = 100 + 2x + 0.5x^2, where x is the number of units produced. Determine the marginal \cost when the firm produces 20 units.

Answer Options

A. ₦150
Correct Answer B. ₦200
C. ₦250
D. ₦300
Correct Answer
B
Correct Option:
₦200

About This Question

This is Post Utme Covenant University 2020 Economics Question 4. It is one of the objective questions from the 2020 Post Utme Covenant University Economics examination.

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