The level of output and total cost of production of a product is given below:
Level of production Total cost of production
0 20000
100 620,000
150 9,20,000
180 11,00,000
From the above table find the total fixed cost of production___.

Rs. 6000

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Rs. 20,000

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Rs. 600000

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None

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Solution

The correct option is B Rs. 20,000
The value of the fixed cost is Rs. 20,000 as it is being paid even when the firm produces 0 output.

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Similar questions

Q. The level of output and total cost of production of a product is given below:

Level of production	Total cost of production
0	20000
100	620,000
150	9,20,000
180	11,00,000

What is the per unit variable cost of production?

Q. The level of output and total cost of production of a product is given below:

Level of production	Total cost of production
0	20000
100	620,000
150	9,20,000
180	11,00,000

Find the average cost of production of 150 units___.

Fixed costs of a firm are Rs. 30. Its total variable cost at different levels of output is given below. Calculate total cost and marginal cost at each level of output.

$\begin{matrix} Output (units) & 1 & 2 & 3 & 4 Total Variable Cost (Rs) & 20 & 38 & 60 & 86 \end{matrix}$

Q. Total product schedule of a firm at different levels of labour employment is given below. Calculate the firm's total variable cost, total cost, average cost, average variable cost and average fixed cost, if wage rate is Rs. 100 per day and total fixed cost is Rs. 1,000.

Labour Employment (Units)	1	2	3	4	5	6	7	8	9	10
Output (Units)	5	10	17	25	40	56	70	82	90	95

Total fixed costs of a firm are Rs. 100. Its average variable cost at different levels of output is given. Calculate total cost and marginal cost at each level of output.

$\begin{matrix} Output (units) & 1 & 2 & 3 & 4 Average Variable Cost (Rs) & 60 & 56 & 60 & 64 \end{matrix}$

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The level of output and total cost of production of a product is given below:Level of productionTotal cost of production020000100620,0001509,20,00018011,00,000From the above table find the total fixed cost of production___.

The correct option is B Rs. 20,000The value of the fixed cost is Rs. 20,000 as it is being paid even when the firm produces 0 output.

The level of output and total cost of production of a product is given below:
Level of production Total cost of production
0 20000
100 620,000
150 9,20,000
180 11,00,000
From the above table find the total fixed cost of production___.

The correct option is B Rs. 20,000
The value of the fixed cost is Rs. 20,000 as it is being paid even when the firm produces 0 output.