Post Utme Elizade University 2025 Commerce Question 35

Practice objective / multiple choice question 35 from the 2025 Post Utme Elizade University Commerce examination.

Post Utme Elizade University 2025 Commerce Objective / Multiple Choice
Question 35 POST_UTME_ELIZADE_UNIVERSITY • 2025 • COMMERCE • objective

A firm's cost function is given by C(x) = 50x + 2x^2, where x is the number of units produced. If the firm wants to minimize its cost, how many units should it produce?

Answer Options

A. 5
Correct Answer B. 10
C. 15
D. 20
Correct Answer
B
Correct Option:
10

About This Question

This is Post Utme Elizade University 2025 Commerce Question 35. It is one of the objective questions from the 2025 Post Utme Elizade University Commerce examination.

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