Post Utme Redeemers University 2022 Commerce Question 4

Practice objective / multiple choice question 4 from the 2022 Post Utme Redeemers University Commerce examination.

Post Utme Redeemers University 2022 Commerce Objective / Multiple Choice
Question 4 POST_UTME_REDEEMERS_UNIVERSITY • 2022 • COMMERCE • objective

A firm's cost function is given by C(x) = 2x^2 + 10x, where x is the number of units produced. If the firm wants to minimize its cost, what is the optimal number of units to produce?

Answer Options

A. 5
B. 10
Correct Answer C. 15
D. 20
Correct Answer
C
Correct Option:
15

About This Question

This is Post Utme Redeemers University 2022 Commerce Question 4. It is one of the objective questions from the 2022 Post Utme Redeemers University Commerce examination.

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