Post Utme Summit University 2021 Commerce Question 36

Practice objective / multiple choice question 36 from the 2021 Post Utme Summit University Commerce examination.

Post Utme Summit University 2021 Commerce Objective / Multiple Choice
Question 36 POST_UTME_SUMMIT_UNIVERSITY • 2021 • COMMERCE • objective

A firm's cost function is given by C(x) = 2x^2 + 5x - 3, where x is the number of units produced. If the firm produces 4 units, what is the cost?

Answer Options

A. ₦23
Correct Answer B. ₦25
C. ₦27
D. ₦29
Correct Answer
B
Correct Option:
₦25

About This Question

This is Post Utme Summit University 2021 Commerce Question 36. It is one of the objective questions from the 2021 Post Utme Summit University Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support