Post Utme Uniport 2024 Commerce Question 22

Practice objective / multiple choice question 22 from the 2024 Post Utme Uniport Commerce examination.

Post Utme Uniport 2024 Commerce Objective / Multiple Choice
Question 22 POST_UTME_UNIPORT • 2024 • COMMERCE • objective

A firm has the following cost function: C(q) = 2q^2 + 5q + 10. If the firm produces 10 units of output, what is the total cost of production?

Answer Options

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

About This Question

This is Post Utme Uniport 2024 Commerce Question 22. It is one of the objective questions from the 2024 Post Utme Uniport 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