The minimum quantity that a firm supplies is 1000, at a price of Rs 20. The minimum average variable cost is Rs .

Rs 10

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Rs 20

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Rs 25

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Rs 50

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Solution

The correct option is B Rs 20
The minimum quantity supplied corresponds to the minimum point of the average variable cost. In this case, it corresponds to Rs 20.

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The minimum quantity that a firm supplies is 1000, at a price of Rs 20. The minimum average variable cost is Rs .

The correct option is B Rs 20The minimum quantity supplied corresponds to the minimum point of the average variable cost. In this case, it corresponds to Rs 20.

The correct option is B Rs 20
The minimum quantity supplied corresponds to the minimum point of the average variable cost. In this case, it corresponds to Rs 20.