A firm's average total cost is Rs300 at 5 units of output and Rs320 at 6 units of output. The marginal cost of producing the 6th unit is ______.
If a firm’s production department data says that the total variable cost for producing 8 units and 10 units of output is 2,500 and 3,000 respectively, marginal cost of 10 th unit will be
a. Rs 100
b. Rs 150
c. Rs 500
d. Rs 250
A firm is operating with a Total Variable Cost of Rs 500 when 5 units of the given output are produced and the Total Fixed Costs are Rs 200, what will be the Average Total Cost of producing 5 units of output? i) Rs 140 ii) Rs 100 iii) Rs 120 iv) Rs 300