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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??
Average cost at $$5th$$ unit = ______.


A
6.8
loader
B
7.8
loader
C
8.8
loader
D
9.8
loader

Solution

The correct option is C $$8.8$$
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
Average cost at $$5^{th}$$ unit = $$44/5 = 8.8$$

Mathematics

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