Economy, asked by jamunasundas1234, 2 months ago

if 50 units of output of a good are produced and the total fixed cost is Rs 1,500 along with a total variable cost of Rs 3,500 calculate the average cost of production

Answers

Answered by rushikadam10

1

Explanation:

total cost = FC + VC

= 1500+3500 = 5000

AC = TC/Q = 5000/50 = 100

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