Post Utme Mountain Top University 2022 Commerce Question 36

Practice objective / multiple choice question 36 from the 2022 Post Utme Mountain Top University Commerce examination.

Post Utme Mountain Top University 2022 Commerce Objective / Multiple Choice
Question 36 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2022 • COMMERCE • objective

A firm's cost function is given by C(Q) = 2Q^2 + 3Q + 1, where C(Q) is the total cost and Q is the quantity produced. If the firm produces 10 units, what is the total cost?

Answer Options

A. ₦101
B. ₦201
Correct Answer C. ₦301
D. ₦401
Correct Answer
C
Correct Option:
₦301

About This Question

This is Post Utme Mountain Top University 2022 Commerce Question 36. It is one of the objective questions from the 2022 Post Utme Mountain Top University Commerce examination.

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