Post Utme Lead City University 2018 Economics Question 39

Practice objective / multiple choice question 39 from the 2018 Post Utme Lead City University Economics examination.

Post Utme Lead City University 2018 Economics Objective / Multiple Choice
Question 39 POST_UTME_LEAD_CITY_UNIVERSITY • 2018 • ECONOMICS • objective

A government imposes a tax of ₦5 per unit on a firm's output. The firm's revenue function is R(x) = 2x^2 + 5x + 1, and its \cost function is C(x) = 3x^2 + 2x + 5. If the firm produces 10 units, find the new total \cost.

Answer Options

A. ₦125
Correct Answer B. ₦130
C. ₦135
D. ₦140
Correct Answer
B
Correct Option:
₦130

About This Question

This is Post Utme Lead City University 2018 Economics Question 39. It is one of the objective questions from the 2018 Post Utme Lead City University Economics examination.

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