Post Utme Joseph Ayo Babalola University 2018 Economics Question 21

Practice objective / multiple choice question 21 from the 2018 Post Utme Joseph Ayo Babalola University Economics examination.

Post Utme Joseph Ayo Babalola University 2018 Economics Objective / Multiple Choice
Question 21 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2018 • ECONOMICS • objective

A firm's revenue function is given by TR = 100q - 2q^2. If the market price is $10, find the firm's total \cost.

Answer Options

A. TC = ₦1000
B. TC = ₦1500
Correct Answer C. TC = ₦2000
D. TC = ₦2500
Correct Answer
C
Correct Option:
TC = ₦2000

About This Question

This is Post Utme Joseph Ayo Babalola University 2018 Economics Question 21. It is one of the objective questions from the 2018 Post Utme Joseph Ayo Babalola University Economics examination.

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