Post Utme Pan Atlantic University 2023 Economics Question 3

Practice objective / multiple choice question 3 from the 2023 Post Utme Pan Atlantic University Economics examination.

Post Utme Pan Atlantic University 2023 Economics Objective / Multiple Choice
Question 3 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2023 • ECONOMICS • objective

A firm's \cost function is given by the equation C(x) = 50x + 1000, where x is the number of units produced. If the firm produces 15 units, what is the total \cost?

Answer Options

A. ₦2500
Correct Answer B. ₦3000
C. ₦3500
D. ₦4000
Correct Answer
B
Correct Option:
₦3000

About This Question

This is Post Utme Pan Atlantic University 2023 Economics Question 3. It is one of the objective questions from the 2023 Post Utme Pan Atlantic University Economics examination.

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