Post Utme Igbinedion University 2020 Economics Question 2

Practice objective / multiple choice question 2 from the 2020 Post Utme Igbinedion University Economics examination.

Post Utme Igbinedion University 2020 Economics Objective / Multiple Choice
Question 2 POST_UTME_IGBINEDION_UNIVERSITY • 2020 • ECONOMICS • objective

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

Answer Options

A. ₦250
B. ₦300
Correct Answer C. ₦350
D. ₦400
Correct Answer
C
Correct Option:
₦350

About This Question

This is Post Utme Igbinedion University 2020 Economics Question 2. It is one of the objective questions from the 2020 Post Utme Igbinedion University Economics examination.

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