Post Utme Rsu 2024 Economics Question 4

Practice objective / multiple choice question 4 from the 2024 Post Utme Rsu Economics examination.

Post Utme Rsu 2024 Economics Objective / Multiple Choice
Question 4 POST_UTME_RSU • 2024 • ECONOMICS • objective

A firm is producing a good with a total \cost of TC = 500 + 10Q + Q^2, where Q is the quantity produced. If the firm's marginal \cost is 20, what is the value of the total \cost?

Answer Options

A. 700
B. 800
Correct Answer C. 900
D. 1000
Correct Answer
C
Correct Option:
900

About This Question

This is Post Utme Rsu 2024 Economics Question 4. It is one of the objective questions from the 2024 Post Utme Rsu Economics examination.

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