Post Utme Eksu 2019 Economics Question 19

Practice objective / multiple choice question 19 from the 2019 Post Utme Eksu Economics examination.

Post Utme Eksu 2019 Economics Objective / Multiple Choice
Question 19 POST_UTME_EKSU • 2019 • ECONOMICS • objective

A firm in Nigeria is considering increa\sing its production of a product. The firm's \cost function is given by C(q) = 2q^2 + 10q + 5, where q is the quantity produced. What is the marginal \cost function?

Answer Options

Correct Answer A. ( MC(q) = 4q + 10 )
B. ( MC(q) = 2q + 5 )
C. ( MC(q) = 4q^2 + 10q + 5 )
D. ( MC(q) = 2q^2 + 10q )
Correct Answer
A
Correct Option:
( MC(q) = 4q + 10 )

About This Question

This is Post Utme Eksu 2019 Economics Question 19. It is one of the objective questions from the 2019 Post Utme Eksu Economics examination.

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