Post Utme Unilag 2018 Commerce Question 40

Practice objective / multiple choice question 40 from the 2018 Post Utme Unilag Commerce examination.

Post Utme Unilag 2018 Commerce Objective / Multiple Choice
Question 40 POST_UTME_UNILAG • 2018 • COMMERCE • objective

A firm's cost function is given by C = 100 + 2Q, where C is the total cost and Q is the quantity produced. If the firm produces 50 units of output, what is the total cost?

Answer Options

A. ₦1,200
B. ₦1,500
Correct Answer C. ₦2,000
D. ₦2,500
Correct Answer
C
Correct Option:
₦2,000

About This Question

This is Post Utme Unilag 2018 Commerce Question 40. It is one of the objective questions from the 2018 Post Utme Unilag Commerce examination.

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