Post Utme Eksu 2023 Commerce Question 4

Practice objective / multiple choice question 4 from the 2023 Post Utme Eksu Commerce examination.

Post Utme Eksu 2023 Commerce Objective / Multiple Choice
Question 4 POST_UTME_EKSU • 2023 • COMMERCE • objective

A firm's cost function is given by C(Q) = 2Q^2 + 10Q. If the firm produces 5 units of output, what is the total cost?

Answer Options

A. 50
B. 60
Correct Answer C. 70
D. 80
Correct Answer
C
Correct Option:
70

About This Question

This is Post Utme Eksu 2023 Commerce Question 4. It is one of the objective questions from the 2023 Post Utme Eksu Commerce examination.

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