Post Utme Elizade University 2022 Economics Question 19

Practice objective / multiple choice question 19 from the 2022 Post Utme Elizade University Economics examination.

Post Utme Elizade University 2022 Economics Objective / Multiple Choice
Question 19 POST_UTME_ELIZADE_UNIVERSITY • 2022 • ECONOMICS • objective

A firm's \cost function is given by the equation C = 100 + 20Q + 0.5Q^2, where Q is the quantity produced. If the firm produces 50 units, what is the total \cost?

Answer Options

A. ₦1500
B. ₦2000
Correct Answer C. ₦2500
D. ₦3000
Correct Answer
C
Correct Option:
₦2500

About This Question

This is Post Utme Elizade University 2022 Economics Question 19. It is one of the objective questions from the 2022 Post Utme Elizade University Economics examination.

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