Post Utme Osustech 2024 Economics Question 15

Practice objective / multiple choice question 15 from the 2024 Post Utme Osustech Economics examination.

Post Utme Osustech 2024 Economics Objective / Multiple Choice
Question 15 POST_UTME_OSUSTECH • 2024 • ECONOMICS • objective

A firm's total \cost (TC) is given by TC = 100 + 20Q + 2Q^2, where Q is quantity. If the firm is currently producing 10 units, what is the average \cost?

Answer Options

A. 10
B. 20
Correct Answer C. 30
D. 40
Correct Answer
C
Correct Option:
30

About This Question

This is Post Utme Osustech 2024 Economics Question 15. It is one of the objective questions from the 2024 Post Utme Osustech Economics examination.

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