Post Utme Lautech 2019 Economics Question 5

Practice objective / multiple choice question 5 from the 2019 Post Utme Lautech Economics examination.

Post Utme Lautech 2019 Economics Objective / Multiple Choice
Question 5 POST_UTME_LAUTECH • 2019 • ECONOMICS • objective

A firm has a \cost function given by \( C = 20 + 10Q \). If the firm produces 10 units of output, calculate the total \cost.

Answer Options

A. 120
Correct Answer B. 140
C. 160
D. 180
Correct Answer
B
Correct Option:
140

About This Question

This is Post Utme Lautech 2019 Economics Question 5. It is one of the objective questions from the 2019 Post Utme Lautech Economics examination.

View More Post Utme Lautech 2019 Economics Questions More Post Utme Lautech Practice Questions Back to Questions

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