Total cost of production of a firm is linear. If the cost of production of 100 units is rs 750 and cost of production of 350 units is rs 1,750, find the maximum number of units that can be produced with a cost budget of rs 5,000
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2
Answer:
900 units
Step-by-step explanation:
Solved by UNITARY METHOD.
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Answered by
1
Answer:
1000 units
Step-by-step explanation:
100 units = Rs. 750
350 units = Rs. 1750
So total units is 450 units = Rs. 2500
To find max units for Rs. 5000
450 units = Rs. 2500
x = Rs. 5000
x = 5000*450 units/ 2500
x = 1000 units
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