Post Utme Pan Atlantic University 2018 Commerce Question 38

Practice objective / multiple choice question 38 from the 2018 Post Utme Pan Atlantic University Commerce examination.

Post Utme Pan Atlantic University 2018 Commerce Objective / Multiple Choice
Question 38 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2018 • COMMERCE • objective

A company's cost function is given by C = 100 + 2Q, where C is the total cost and Q is the quantity produced. If the company produces 50 units of output, what is the total cost?

Answer Options

A. 150
B. 200
Correct Answer C. 250
D. 300
Correct Answer
C
Correct Option:
250

About This Question

This is Post Utme Pan Atlantic University 2018 Commerce Question 38. It is one of the objective questions from the 2018 Post Utme Pan Atlantic University Commerce examination.

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