Post Utme Skyline University 2017 Commerce Question 14

Practice objective / multiple choice question 14 from the 2017 Post Utme Skyline University Commerce examination.

Post Utme Skyline University 2017 Commerce Objective / Multiple Choice
Question 14 POST_UTME_SKYLINE_UNIVERSITY • 2017 • COMMERCE • objective

A company's cost function is given by C(x) = 2x^2 + 5x - 3, where x is the number of units produced. If the company wants to minimize its cost, what is the value of x that will give the minimum cost?

Answer Options

A. -1
Correct Answer B. 1
C. 2
D. 3
Correct Answer
B
Correct Option:
1

About This Question

This is Post Utme Skyline University 2017 Commerce Question 14. It is one of the objective questions from the 2017 Post Utme Skyline University Commerce examination.

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