Post Utme Lautech 2024 Commerce Question 14

Practice objective / multiple choice question 14 from the 2024 Post Utme Lautech Commerce examination.

Post Utme Lautech 2024 Commerce Objective / Multiple Choice
Question 14 POST_UTME_LAUTECH • 2024 • COMMERCE • objective

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

Answer Options

A. ₦20000
Correct Answer B. ₦30000
C. ₦40000
D. ₦50000
Correct Answer
B
Correct Option:
₦30000

About This Question

This is Post Utme Lautech 2024 Commerce Question 14. It is one of the objective questions from the 2024 Post Utme Lautech Commerce examination.

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