Post Utme Mountain Top University 2022 Commerce Question 40

Practice objective / multiple choice question 40 from the 2022 Post Utme Mountain Top University Commerce examination.

Post Utme Mountain Top University 2022 Commerce Objective / Multiple Choice
Question 40 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 15 units, what is the total cost?

Answer Options

A. ₦401
B. ₦501
Correct Answer C. ₦601
D. ₦701
Correct Answer
C
Correct Option:
₦601

About This Question

This is Post Utme Mountain Top University 2022 Commerce Question 40. It is one of the objective questions from the 2022 Post Utme Mountain Top University Commerce examination.

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