Post Utme Summit University 2021 Economics Question 27

Practice objective / multiple choice question 27 from the 2021 Post Utme Summit University Economics examination.

Post Utme Summit University 2021 Economics Objective / Multiple Choice
Question 27 POST_UTME_SUMMIT_UNIVERSITY • 2021 • ECONOMICS • objective

A firm's \cost function is given by C(x) = 2x^2 + 10x + 5, where C(x) is the total \cost and x is the number of units produced. If the firm produces 10 units, what is the marginal \cost?

Answer Options

A. ₦20
B. ₦30
Correct Answer C. ₦40
D. ₦50
Correct Answer
C
Correct Option:
₦40

About This Question

This is Post Utme Summit University 2021 Economics Question 27. It is one of the objective questions from the 2021 Post Utme Summit University Economics examination.

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