Post Utme Nile University 2023 Economics Question 24

Practice objective / multiple choice question 24 from the 2023 Post Utme Nile University Economics examination.

Post Utme Nile University 2023 Economics Objective / Multiple Choice
Question 24 POST_UTME_NILE_UNIVERSITY • 2023 • ECONOMICS • objective

A firm has a \cost function given by C = 100 + 2Q, where C is the total \cost and Q is the quantity produced. If the firm produces 20 units of the good, what is the total \cost?

Answer Options

A. 200
B. 220
Correct Answer C. 240
D. 260
Correct Answer
C
Correct Option:
240

About This Question

This is Post Utme Nile University 2023 Economics Question 24. It is one of the objective questions from the 2023 Post Utme Nile University Economics examination.

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