Question 11
MediumOriginal questionThe marginal cost is rupees. By how much does the total cost rise when output goes up from 20 to 30 units?
Show the answer and explanation
CorrectNot quiteAnswer C
Correct answer: C
Explanation
The rise is .
rupees. The fixed cost cancels out.
Worth noting
₹1,950 is the variable cost of all 30 units, not the rise from 20.
- Concept
- The extra cost of raising output
- Typical timeTypical
- 90 s
- Your timeYours
- —
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