Post Utme Uniben 2021 Commerce Question 18

Practice objective / multiple choice question 18 from the 2021 Post Utme Uniben Commerce examination.

Post Utme Uniben 2021 Commerce Objective / Multiple Choice
Question 18 POST_UTME_UNIBEN • 2021 • COMMERCE • objective

A firm has the following cost function: TC = 100 + 2Q + 0.5Q^2. If the firm produces 10 units of output, what is the total cost?

Answer Options

A. 150
B. 200
Correct Answer C. 250
D. 300
Correct Answer
C
Correct Option:
250

About This Question

This is Post Utme Uniben 2021 Commerce Question 18. It is one of the objective questions from the 2021 Post Utme Uniben Commerce examination.

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