Post Utme Madonna University 2020 Economics Question 20

Practice objective / multiple choice question 20 from the 2020 Post Utme Madonna University Economics examination.

Post Utme Madonna University 2020 Economics Objective / Multiple Choice
Question 20 POST_UTME_MADONNA_UNIVERSITY • 2020 • ECONOMICS • objective

A firm's marginal \cost is given by the equation MC = 10 + 2x, where x is the number of units produced. Find the total \cost function.

Answer Options

A. TC = 5x^2 + 10x
Correct Answer B. TC = 5x^2 + 10x + 100
C. TC = 5x^2 + 10x - 100
D. TC = 5x^2 - 10x
Correct Answer
B
Correct Option:
TC = 5x^2 + 10x + 100

About This Question

This is Post Utme Madonna University 2020 Economics Question 20. It is one of the objective questions from the 2020 Post Utme Madonna University Economics examination.

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