CBSE Class 12-commerce Answered
What should the firm’s fixed cost of production, when
average variable cost is Rs 30 per unit, total cost of production is Rs 300
and only 2 units of production are produced?
Asked by Topperlearning User | 25 Apr, 2016, 01:04: PM
Expert Answer
TC = Rs 300, AVC = Rs 30, Output = 2 units.
TVC= AVC * Output
= Rs 30 * 2= Rs 60
Fixed Cost = TC-TVC = Rs 300-RS 100
Fixed Cost = Rs 200
Answered by | 25 Apr, 2016, 03:04: PM
CBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 25 Apr, 2016, 01:04: PM
ANSWERED BY EXPERTCBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 25 Apr, 2016, 01:04: PM
ANSWERED BY EXPERTCBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 25 Apr, 2016, 01:04: PM
ANSWERED BY EXPERTCBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 25 Apr, 2016, 01:04: PM
ANSWERED BY EXPERTCBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 25 Apr, 2016, 01:04: PM
ANSWERED BY EXPERTCBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 25 Apr, 2016, 01:04: PM
ANSWERED BY EXPERTCBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 25 Apr, 2016, 01:04: PM
ANSWERED BY EXPERTCBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 25 Apr, 2016, 01:04: PM
ANSWERED BY EXPERTCBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 25 Apr, 2016, 01:04: PM
ANSWERED BY EXPERTCBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 25 Apr, 2016, 01:04: PM
ANSWERED BY EXPERT
