Post Utme Redeemers University 2017 Economics Question 24

Practice objective / multiple choice question 24 from the 2017 Post Utme Redeemers University Economics examination.

Post Utme Redeemers University 2017 Economics Objective / Multiple Choice
Question 24 POST_UTME_REDEEMERS_UNIVERSITY • 2017 • ECONOMICS • objective

A firm's \cost function is given by the equation C = 100 + 2Q + 0.5Q^2, where C is the total \cost and Q is the quantity produced. If the firm produces 100 units of output, what is the total \cost?

Answer Options

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

About This Question

This is Post Utme Redeemers University 2017 Economics Question 24. It is one of the objective questions from the 2017 Post Utme Redeemers University Economics examination.

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