Post Utme Madonna University 2025 Economics Question 40

Practice objective / multiple choice question 40 from the 2025 Post Utme Madonna University Economics examination.

Post Utme Madonna University 2025 Economics Objective / Multiple Choice
Question 40 POST_UTME_MADONNA_UNIVERSITY • 2025 • ECONOMICS • objective

A firm's \cost function is given by the equation C = 100 + 2x + 3x^2, where x is the number of units produced. If the firm produces 20 units, what is the total \cost?

Answer Options

A. ₦2,200
B. ₦2,400
Correct Answer C. ₦2,600
D. ₦2,800
Correct Answer
C
Correct Option:
₦2,600

About This Question

This is Post Utme Madonna University 2025 Economics Question 40. It is one of the objective questions from the 2025 Post Utme Madonna University Economics examination.

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