Post Utme Eksu 2019 Economics Question 2

Practice objective / multiple choice question 2 from the 2019 Post Utme Eksu Economics examination.

Post Utme Eksu 2019 Economics Objective / Multiple Choice
Question 2 POST_UTME_EKSU • 2019 • ECONOMICS • objective

A firm's \cost function is given by C(x) = 2x^2 + 10x + 50, where x is the number of units produced. If the firm produces 20 units, what is the total \cost?

Answer Options

A. $500
B. $600
Correct Answer C. $700
D. $800
Correct Answer
C
Correct Option:
$700

About This Question

This is Post Utme Eksu 2019 Economics Question 2. It is one of the objective questions from the 2019 Post Utme Eksu 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