Question

A producer faces a fixed cost of Rs. 50 and a variable cost Rs. 5 per unit of output when he produces less than 200 units of output.

• Assuming that total cost function is linear, determine the equation of the total cost of function.

• What is the break-even level of output if the price of output is Rs. 10 per unit. Also draw the relevant graphs.

• Determine the producer’s net revenue if output is 12 units and the price of output is Rs. 5, Rs. 10 and Rs. 15 respectively.

Please solve this step by step.​

Answer 1

Answer:

mai nahi karonga shamne pagal

Answer 2

please solve question step by step