Post Utme Futa 2023 Economics Question 12

Practice objective / multiple choice question 12 from the 2023 Post Utme Futa Economics examination.

Post Utme Futa 2023 Economics Objective / Multiple Choice
Question 12 POST_UTME_FUTA • 2023 • ECONOMICS • objective

A firm's \cost function is given by C(q) = 2q^2 + 10q + 5. If the firm produces 20 units of output, what is the total \cost of production?

Answer Options

A. ₦150
Correct Answer B. ₦200
C. ₦250
D. ₦300
Correct Answer
B
Correct Option:
₦200

About This Question

This is Post Utme Futa 2023 Economics Question 12. It is one of the objective questions from the 2023 Post Utme Futa Economics examination.

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