Post Utme Uniosun 2020 Commerce Question 25

Practice objective / multiple choice question 25 from the 2020 Post Utme Uniosun Commerce examination.

Post Utme Uniosun 2020 Commerce Objective / Multiple Choice
Question 25 POST_UTME_UNIOSUN • 2020 • COMMERCE • objective

A company's cost function is given by C = 50 + 10Q. If the firm's current output is Q = 5, what is the firm's current cost?

Answer Options

A. 60
Correct Answer B. 70
C. 80
D. 90
Correct Answer
B
Correct Option:
70

About This Question

This is Post Utme Uniosun 2020 Commerce Question 25. It is one of the objective questions from the 2020 Post Utme Uniosun Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support