Post Utme Ui 2020 Economics Question 24

Practice objective / multiple choice question 24 from the 2020 Post Utme Ui Economics examination.

Post Utme Ui 2020 Economics Objective / Multiple Choice
Question 24 POST_UTME_UI • 2020 • ECONOMICS • objective

A firm's \cost function is given by ( C(q) = 10q + 20 ). If the firm produces 5 units of output, what will be its total \cost?

Answer Options

A. ₦50
Correct Answer B. ₦60
C. ₦70
D. ₦80
Correct Answer
B
Correct Option:
₦60

About This Question

This is Post Utme Ui 2020 Economics Question 24. It is one of the objective questions from the 2020 Post Utme Ui Economics examination.

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