Post Utme Veritas University 2018 Economics Question 25

Practice objective / multiple choice question 25 from the 2018 Post Utme Veritas University Economics examination.

Post Utme Veritas University 2018 Economics Objective / Multiple Choice
Question 25 POST_UTME_VERITAS_UNIVERSITY • 2018 • ECONOMICS • objective

A firm's \cost function is given by C = 100 + 2Q + 0.5Q^2. If the firm produces 50 units, what is the total \cost?

Answer Options

A. ₦1,500
B. ₦2,000
Correct Answer C. ₦2,500
D. ₦3,000
Correct Answer
C
Correct Option:
₦2,500

About This Question

This is Post Utme Veritas University 2018 Economics Question 25. It is one of the objective questions from the 2018 Post Utme Veritas University Economics 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