Post Utme Uniben 2021 Economics Question 24

Practice objective / multiple choice question 24 from the 2021 Post Utme Uniben Economics examination.

Post Utme Uniben 2021 Economics Objective / Multiple Choice
Question 24 POST_UTME_UNIBEN • 2021 • ECONOMICS • objective

A firm has a \cost function given by C = 100 + 2Q, where C is the \cost and Q is the quantity produced. If the firm produces 50 units, what is the total \cost?

Answer Options

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

About This Question

This is Post Utme Uniben 2021 Economics Question 24. It is one of the objective questions from the 2021 Post Utme Uniben Economics examination.

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