Post Utme Lautech 2020 Economics Question 38

Practice objective / multiple choice question 38 from the 2020 Post Utme Lautech Economics examination.

Post Utme Lautech 2020 Economics Objective / Multiple Choice
Question 38 POST_UTME_LAUTECH • 2020 • ECONOMICS • objective

A firm's \cost function is given by C = 100 + 2Q + 0.01Q^2, where C is \cost and Q is output. If the firm produces 100 units of output, what is the total \cost?

Answer Options

A. 1200
B. 1300
Correct Answer C. 1400
D. 1500
Correct Answer
C
Correct Option:
1400

About This Question

This is Post Utme Lautech 2020 Economics Question 38. It is one of the objective questions from the 2020 Post Utme Lautech Economics examination.

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