Post Utme Wellspring University 2024 Economics Question 1

Practice objective / multiple choice question 1 from the 2024 Post Utme Wellspring University Economics examination.

Post Utme Wellspring University 2024 Economics Objective / Multiple Choice
Question 1 POST_UTME_WELLSPRING_UNIVERSITY • 2024 • ECONOMICS • objective

A firm's \cost function is given by C(q) = 2q^2 + 5q + 10. If the firm produces 5 units of output, what is the total \cost of production?

Answer Options

A. ₦125
B. ₦250
Correct Answer C. ₦375
D. ₦500
Correct Answer
C
Correct Option:
₦375

About This Question

This is Post Utme Wellspring University 2024 Economics Question 1. It is one of the objective questions from the 2024 Post Utme Wellspring University Economics examination.

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