Post Utme Ims U 2017 Economics Question 36
Practice objective / multiple choice question 36 from the 2017 Post Utme Ims U Economics examination.
A firm's average \cost curve is given by the equation \( AC = \frac{w}{x} + 100 \), where (w) is the wage rate and (x) is the number of units produced. If the wage rate is ₦200 per unit and the firm produces 100 units, what is the average \cost?
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About This Question
This is Post Utme Ims U 2017 Economics Question 36. It is one of the objective questions from the 2017 Post Utme Ims U Economics examination.
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