Post Utme Covenant University 2025 Commerce Question 29

Practice objective / multiple choice question 29 from the 2025 Post Utme Covenant University Commerce examination.

Post Utme Covenant University 2025 Commerce Objective / Multiple Choice
Question 29 POST_UTME_COVENANT_UNIVERSITY • 2025 • COMMERCE • objective

A firm's cost function is given by C = 100 + 2Q, where C is the cost and Q is the quantity produced. If the firm produces 50 units, what is its cost?

Answer Options

A. ₦150
Correct Answer B. ₦250
C. ₦350
D. ₦450
Correct Answer
B
Correct Option:
₦250

About This Question

This is Post Utme Covenant University 2025 Commerce Question 29. It is one of the objective questions from the 2025 Post Utme Covenant University Commerce examination.

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