Post Utme Noun 2018 Commerce Question 19

Practice objective / multiple choice question 19 from the 2018 Post Utme Noun Commerce examination.

Post Utme Noun 2018 Commerce Objective / Multiple Choice
Question 19 POST_UTME_NOUN • 2018 • COMMERCE • objective

A firm's marginal cost curve is given by the equation MC = 2q + 3. If the firm produces 5 units of output, what is its marginal cost?

Answer Options

A. ₦15
Correct Answer B. ₦20
C. ₦25
D. ₦30
Correct Answer
B
Correct Option:
₦20

About This Question

This is Post Utme Noun 2018 Commerce Question 19. It is one of the objective questions from the 2018 Post Utme Noun Commerce 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