Question 8
MediumOriginal questionThe marginal cost is rupees and the fixed cost is ₹100. What is the average cost function?
Show the answer and explanation
CorrectNot quiteAnswer D
Correct answer: D
Explanation
.
Average cost .
Worth noting
divides only the variable part by ; the fixed cost is shared too.
- Concept
- Average cost from marginal cost
- Typical timeTypical
- 90 s
- Your timeYours
- —
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