Post Utme Madonna University 2020 Commerce Question 19

Practice objective / multiple choice question 19 from the 2020 Post Utme Madonna University Commerce examination.

Post Utme Madonna University 2020 Commerce Objective / Multiple Choice
Question 19 POST_UTME_MADONNA_UNIVERSITY • 2020 • COMMERCE • objective

A company's cost function is given by C = 100 + 2Q, where C is the cost and Q is the quantity produced. If the company wants to minimize its cost, what quantity should it produce?

Answer Options

A. 10
Correct Answer B. 20
C. 30
D. 40
Correct Answer
B
Correct Option:
20

About This Question

This is Post Utme Madonna University 2020 Commerce Question 19. It is one of the objective questions from the 2020 Post Utme Madonna University Commerce examination.

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