Question

78) A firm production 15 units of
output has average cost of Rs.
250 and Rs.125 as per unit cost
for fixed factors of production.
Then average variable cost will
be
1
1
180
2.
150
3
125
4.
None of these​

Answer 1

Answer:

Total cost = 7×150=1,0507×150=1,050

Total variable cost = 1,050−350=7001,050−350=700

Variable cost per unit = 700/7=100