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Question

Total Output (Units)Total cost (Rs)Average Cost (Rs)Marginal cost (Rs)
11010.0010
2199.50?
3??8
435??
544?9
6?9.00?
7659.3011
877??
Total cost at 3rd unit = ______.

A
35
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B
27
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C
26
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D
25
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Solution

The correct option is C 27
Total Output (Units)Total cost (Rs)Average Cost (Rs)Marginal cost (Rs)
11010.0010
2199.509
32798
4358.758
5448.89
6549.0010
7659.3011
8779.612
Total cost at 3rd unit=19+8=27

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