When the total fixed cost of producing $100$ units is Rs. $30$ and the average variable cost Rs. $3$ , total cost is equal to _________.

Rs.

3

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Rs.

30

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Rs.

270

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Rs.

330

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Solution

The correct option is B Rs. $330$
TC = TVC + TFC
TVC= AVC * q
= Rs. 3 * 100 units
= Rs. 300
Therefore, TC= Rs. 30+300
TC= Rs. 330

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When the total fixed cost of producing 100 units is Rs. 30 and the average variable cost Rs. 3, total cost is equal to _________.

The correct option is B Rs. 330TC = TVC + TFCTVC= AVC * q = Rs. 3 * 100 units = Rs. 300Therefore, TC= Rs. 30+300 TC= Rs. 330

When the total fixed cost of producing $100$ units is Rs. $30$ and the average variable cost Rs. $3$ , total cost is equal to _________.

The correct option is B Rs. $330$
TC = TVC + TFC
TVC= AVC * q
= Rs. 3 * 100 units
= Rs. 300
Therefore, TC= Rs. 30+300
TC= Rs. 330