Post Utme Rhema University 2025 Economics Question 37

Practice objective / multiple choice question 37 from the 2025 Post Utme Rhema University Economics examination.

Post Utme Rhema University 2025 Economics Objective / Multiple Choice
Question 37 POST_UTME_RHEMA_UNIVERSITY • 2025 • ECONOMICS • objective

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

Answer Options

A. ₦2000
B. ₦2500
Correct Answer C. ₦3000
D. ₦3500
Correct Answer
C
Correct Option:
₦3000

About This Question

This is Post Utme Rhema University 2025 Economics Question 37. It is one of the objective questions from the 2025 Post Utme Rhema University Economics examination.

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