Post Utme Futa 2020 Economics Question 14

Practice objective / multiple choice question 14 from the 2020 Post Utme Futa Economics examination.

Post Utme Futa 2020 Economics Objective / Multiple Choice
Question 14 POST_UTME_FUTA • 2020 • ECONOMICS • objective

A firm's \cost function is given by the equation \( C = 100 + 2q + 0.01q^2 \), where ( q ) is the quantity produced. If the firm's revenue function is given by the equation \( R = 200q - 0.5q^2 \), what is the value of the marginal \cost at a quantity of 100 units?

Answer Options

A. ₦200
B. ₦250
Correct Answer C. ₦300
D. ₦350
Correct Answer
C
Correct Option:
₦300

About This Question

This is Post Utme Futa 2020 Economics Question 14. It is one of the objective questions from the 2020 Post Utme Futa Economics examination.

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