Post Utme Madonna University 2021 Economics Question 2

Practice objective / multiple choice question 2 from the 2021 Post Utme Madonna University Economics examination.

Post Utme Madonna University 2021 Economics Objective / Multiple Choice
Question 2 POST_UTME_MADONNA_UNIVERSITY • 2021 • ECONOMICS • objective

A firm's \cost function is given by C(q) = 2q^2 + 10q + 5. If the firm produces 20 units of output, what is the total \cost?

Answer Options

A. ₦150
B. ₦200
Correct Answer C. ₦250
D. ₦300
Correct Answer
C
Correct Option:
₦250

About This Question

This is Post Utme Madonna University 2021 Economics Question 2. It is one of the objective questions from the 2021 Post Utme Madonna University Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support