Post Utme Veritas University 2023 Economics Question 15

Practice objective / multiple choice question 15 from the 2023 Post Utme Veritas University Economics examination.

Post Utme Veritas University 2023 Economics Objective / Multiple Choice
Question 15 POST_UTME_VERITAS_UNIVERSITY • 2023 • ECONOMICS • objective

A firm's \cost function is given by the equation C = 100 + 2Q, where C is the \cost and Q is the quantity produced. If the quantity produced is 50, what is the \cost?

Answer Options

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

About This Question

This is Post Utme Veritas University 2023 Economics Question 15. It is one of the objective questions from the 2023 Post Utme Veritas University Economics examination.

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