Question 6
MediumOriginal questionThe marginal cost is rupees. By how much does the total cost rise when output goes up from 10 to 20 units?
Show the answer and explanation
CorrectNot quiteAnswer B
Correct answer: B
Explanation
The rise in cost is .
rupees. The fixed cost cancels out.
Worth noting
₹1,360 is the cost of the first 20 units from nothing, not the rise from 10.
- Concept
- The extra cost of raising output
- Typical timeTypical
- 90 s
- Your timeYours
- —
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