Post Utme Lautech 2023 Commerce Question 32

Practice objective / multiple choice question 32 from the 2023 Post Utme Lautech Commerce examination.

Post Utme Lautech 2023 Commerce Objective / Multiple Choice
Question 32 POST_UTME_LAUTECH • 2023 • COMMERCE • objective

A company's production costs are given by the equation C(x) = 2x^2 + 5x + 3, where x is the number of units produced. If the company wants to minimize its costs, how many units should it produce?

Answer Options

A. 5
Correct Answer B. 10
C. 15
D. 20
Correct Answer
B
Correct Option:
10

About This Question

This is Post Utme Lautech 2023 Commerce Question 32. It is one of the objective questions from the 2023 Post Utme Lautech Commerce examination.

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