+1 vote
in Class 12 by kratos

A firm is operating with a Total Variable Cost of Rs. 500 when 5 units of the given output are produced and the Total Fixed Costs are Rs. 200, what will be the Average Total Cost of producing 5 units of output?

(i) Rs.140

(ii) Rs.100

(iii ) Rs.120

(iv) Rs.300

1 Answer

+6 votes
by kratos
 
Best answer

The correct answer is

(i) Rs. 140

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