Post Utme Esut 2021 Economics Question 26

Practice objective / multiple choice question 26 from the 2021 Post Utme Esut Economics examination.

Post Utme Esut 2021 Economics Objective / Multiple Choice
Question 26 POST_UTME_ESUT • 2021 • ECONOMICS • objective

A firm's \cost function is given by the equation C = 500 + 20Q + 0.1Q^2, where Q is the quantity produced. If the firm produces 100 units, what is the marginal \cost?

Answer Options

Correct Answer A. ₦120
B. ₦130
C. ₦140
D. ₦150
Correct Answer
A
Correct Option:
₦120

About This Question

This is Post Utme Esut 2021 Economics Question 26. It is one of the objective questions from the 2021 Post Utme Esut Economics examination.

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