Post Utme Futa 2022 Economics Question 7

Practice objective / multiple choice question 7 from the 2022 Post Utme Futa Economics examination.

Post Utme Futa 2022 Economics Objective / Multiple Choice
Question 7 POST_UTME_FUTA • 2022 • ECONOMICS • objective

A firm's \cost function is given by C = 100 + 2Q + 0.01Q^2, where C is the total \cost and Q is the quantity produced. If the firm produces 100 units, what is the total \cost?

Answer Options

Correct Answer A. 1200
B. 1500
C. 1800
D. 2000
Correct Answer
A
Correct Option:
1200

About This Question

This is Post Utme Futa 2022 Economics Question 7. It is one of the objective questions from the 2022 Post Utme Futa Economics examination.

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