Post Utme Elizade University 2020 Commerce Question 8

Practice objective / multiple choice question 8 from the 2020 Post Utme Elizade University Commerce examination.

Post Utme Elizade University 2020 Commerce Objective / Multiple Choice
Question 8 POST_UTME_ELIZADE_UNIVERSITY • 2020 • COMMERCE • objective

A firm is producing a good with the following cost function: C(q) = 2q^2 + 10q + 100. What is the marginal cost (MC) of producing the 5th unit?

Answer Options

A. ₦200
Correct Answer B. ₦300
C. ₦400
D. ₦500
Correct Answer
B
Correct Option:
₦300

About This Question

This is Post Utme Elizade University 2020 Commerce Question 8. It is one of the objective questions from the 2020 Post Utme Elizade University Commerce examination.

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