Post Utme Igbinedion University 2019 Economics Question 27

Practice objective / multiple choice question 27 from the 2019 Post Utme Igbinedion University Economics examination.

Post Utme Igbinedion University 2019 Economics Objective / Multiple Choice
Question 27 POST_UTME_IGBINEDION_UNIVERSITY • 2019 • ECONOMICS • objective

A firm is faced with a production \cost function of C(x) = 2x^2 + 10x + 100. If the firm produces 10 units of output, what is the total \cost of production?

Answer Options

A. ₦1,300
B. ₦1,400
Correct Answer C. ₦1,500
D. ₦1,600
Correct Answer
C
Correct Option:
₦1,500

About This Question

This is Post Utme Igbinedion University 2019 Economics Question 27. It is one of the objective questions from the 2019 Post Utme Igbinedion University Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support