Answered: 61. The average total cost pf producing…

61. The average total cost pf producing 50 units is Rs.250 and total fixed cost is Rs.1000. What is the average fixed cost of producing 100 units? A. O Rs.10 B. O Rs.30 C. O Rs.20 D. O Rs.5

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter7: Production, Costs, And Industry Structure

Section: Chapter Questions

Problem 23RQ: Which costs are measured on per-unit basis: fixed costs, average cost, avenge variable cost,...

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61. The average total cost pf producing
50 units is Rs.250 and total fixed cost
is Rs.1000. What is the average fixed
cost of producing 100 units?
A. O Rs.10
В. О Rs.30
С. ОRs.20
D.
O Rs.5

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