Post Utme Unilorin 2022 Economics Question 8

Practice objective / multiple choice question 8 from the 2022 Post Utme Unilorin Economics examination.

Post Utme Unilorin 2022 Economics Objective / Multiple Choice
Question 8 POST_UTME_UNILORIN • 2022 • ECONOMICS • objective

A firm's \cost function is given by C(Q) = 100 + 2Q + 0.01Q^2, where Q is the quantity produced. If the firm produces 100 units, find the total \cost of production.

Answer Options

A. ₦1200
B. ₦1300
Correct Answer C. ₦1400
D. ₦1500
Correct Answer
C
Correct Option:
₦1400

About This Question

This is Post Utme Unilorin 2022 Economics Question 8. It is one of the objective questions from the 2022 Post Utme Unilorin Economics examination.

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