Post Utme Pan Atlantic University 2023 Economics Question 23

Practice objective / multiple choice question 23 from the 2023 Post Utme Pan Atlantic University Economics examination.

Post Utme Pan Atlantic University 2023 Economics Objective / Multiple Choice
Question 23 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2023 • ECONOMICS • objective

A firm's \cost function is given by C(Q) = 2Q^2 + 10Q + 100. If the firm produces 20 units of the good, what is the total \cost of production?

Answer Options

A. ₦1,200
B. ₦1,500
Correct Answer C. ₦2,000
D. ₦2,500
Correct Answer
C
Correct Option:
₦2,000

About This Question

This is Post Utme Pan Atlantic University 2023 Economics Question 23. It is one of the objective questions from the 2023 Post Utme Pan Atlantic University Economics 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