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

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Solution

(d) 250

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Marginal cost at

8^{t h}

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If it is given that the total variable cost for producing 15 units of output is Rs. 3000 and for 16 units is Rs. 3,500 Find the value of Marginal Cost.

If it is given that the total variable cost for producing 15 units of output is Rs. 3000 and for 16 units is Rs. 3,500. Find the value of Marginal Cost.

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Q. Complete the following table:

Output (Units)	Total Variable Cost (Rs.)	Average Variable Cost (Rs.)	Marginal Cost (Rs.)
$1$ - $3$ -	$10$ - $27$ -	- $8$ - $10$	- $6$ - $13$

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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

(d) 250

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