Post Utme Unn 2019 Economics Question 2

Practice objective / multiple choice question 2 from the 2019 Post Utme Unn Economics examination.

Post Utme Unn 2019 Economics Objective / Multiple Choice

Question 2 POST_UTME_UNN • 2019 • ECONOMICS • objective

A firm's \cost function is given by ( C(q) = 2q^2 + 10q + 5 ). Find the firm's average \cost function.

Correct Answer A. ( AC(q) = 2q + 5 )

B. ( AC(q) = 4q + 5 )

C. ( AC(q) = 6q + 5 )

D. ( AC(q) = 8q + 5 )

Correct Answer

Correct Option:

( AC(q) = 2q + 5 )

This is Post Utme Unn 2019 Economics Question 2. It is one of the objective questions from the 2019 Post Utme Unn Economics examination.

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