Post Utme Ksu 2019 Economics Question 20

Practice objective / multiple choice question 20 from the 2019 Post Utme Ksu Economics examination.

Post Utme Ksu 2019 Economics Objective / Multiple Choice
Question 20 POST_UTME_KSU • 2019 • ECONOMICS • objective

A firm's \cost function is given by C = 2x^2 + 5x, where x is the quantity of the good produced. Find the marginal \cost function and the average \cost function.

Answer Options

Correct Answer A. MC = 4x + 5, AC = 2 + 5/x
B. MC = 4x - 5, AC = 2 - 5/x
C. MC = 4x + 5, AC = 2 - 5/x
D. MC = 4x - 5, AC = 2 + 5/x
Correct Answer
A
Correct Option:
MC = 4x + 5, AC = 2 + 5/x

About This Question

This is Post Utme Ksu 2019 Economics Question 20. It is one of the objective questions from the 2019 Post Utme Ksu Economics examination.

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