Post Utme Oau 2024 Commerce Question 38

Practice objective / multiple choice question 38 from the 2024 Post Utme Oau Commerce examination.

Post Utme Oau 2024 Commerce Objective / Multiple Choice
Question 38 POST_UTME_OAU • 2024 • COMMERCE • objective

A firm's cost function is given by C(Q) = 100 + 2Q + 0.01Q^2, where C(Q) is the total cost and Q is the quantity produced. If the firm produces 100 units, what is the total cost?

Answer Options

A. 1200
B. 1300
Correct Answer C. 1400
D. 1500
Correct Answer
C
Correct Option:
1400

About This Question

This is Post Utme Oau 2024 Commerce Question 38. It is one of the objective questions from the 2024 Post Utme Oau Commerce examination.

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