Post Utme Unilorin 2020 Economics Question 17

Practice objective / multiple choice question 17 from the 2020 Post Utme Unilorin Economics examination.

Post Utme Unilorin 2020 Economics Objective / Multiple Choice
Question 17 POST_UTME_UNILORIN • 2020 • ECONOMICS • objective

A firm's \cost function is given by C(x) = 100 + 2x + 0.01x^2. If the firm produces 100 units of output, what is the total \cost of production?

Answer Options

A. ₦1200
B. ₦1500
Correct Answer C. ₦1800
D. ₦2000
Correct Answer
C
Correct Option:
₦1800

About This Question

This is Post Utme Unilorin 2020 Economics Question 17. It is one of the objective questions from the 2020 Post Utme Unilorin Economics examination.

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