Post Utme Redeemers University 2022 Economics Question 5

Practice objective / multiple choice question 5 from the 2022 Post Utme Redeemers University Economics examination.

Post Utme Redeemers University 2022 Economics Objective / Multiple Choice
Question 5 POST_UTME_REDEEMERS_UNIVERSITY • 2022 • ECONOMICS • objective

A firm's \cost function is given by the equation C(x) = 50 + 10x + 2x^2, where x is the number of units produced. If the firm produces 15 units, what is its total \cost?

Answer Options

A. ₦1,100
B. ₦1,200
Correct Answer C. ₦1,300
D. ₦1,400
Correct Answer
C
Correct Option:
₦1,300

About This Question

This is Post Utme Redeemers University 2022 Economics Question 5. It is one of the objective questions from the 2022 Post Utme Redeemers University Economics examination.

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