Home
Class 11
ECONOMICS
The total cost of producing 9 units of o...

The total cost of producing 9 units of output is `₹ 85`. If average total cost of producing 10 units is `₹ 10`, then what will be the marginal cost of producing this level of output ?

Text Solution

Verified by Experts

Total cost `(TC)` = Average total cost `(ATC) xx "units of output"`
`TC_(10)= ATC_(10) xx 10 = 10 xx 10 = ₹ 100`
Marginal Cost of `10^(th)` unit i.e, `MC_(10) = TC_(10) - TC_(9) = 100 - 85 = ₹ 15`
Doubtnut Promotions Banner Mobile Dark
|

Topper's Solved these Questions

  • COST

    SANDEEP GARG|Exercise Hots/Higher Order Thingking|11 Videos

  • COST

    SANDEEP GARG|Exercise True And False|39 Videos

  • CONSUMER'S EQUILIBRIUM

    SANDEEP GARG|Exercise Revision Exercise|64 Videos

  • DEMAND

    SANDEEP GARG|Exercise Unsolved particles|4 Videos

Similar Questions

Explore conceptually related problems

Calculate marginal cost at each level of output:

Calculate marginal cost at each level of output :

Knowledge Check

  • The total cost of 5 unit of output is Rs 30. The fixed cost is Rs 5. The average variable cost of 5 unit of output is :

    A
    Rs 25
    B
    Rs 6
    C
    Rs 5
    D
    Rs 1

  • The total cost at 5 units of output is ₹ 30 . The fixed cost is ₹ 5 . The average variable cost 5 units of output is :

    A
    `₹ 25`
    B
    `₹ 6`
    C
    `₹ 5`
    D
    `₹ 1`

    • Similar Questions

    Explore conceptually related problems

    Following information is given about a firm: From this information find out: (i) the average fixed cost of producing 4 units. (ii) the average variable cost of producing 5 units. (iii) the least average cost level of output. (iv) the marginal cost of producing the 3rd unit. (v) the total variable cost of producing 6 units.

    Calculate average variable cost at each level of output :

    Following information is given about a firm : From this information find out : (i) Average fixed cost of producing 4 units, (ii) Average variable cost of producing 5 units, (iii) Least average cost level of output, (iv) Marginal cost of producing the 3^(rd) unit, (v) Total variable cost of producing 6 unit.

    A firm's Average Fixed Cost of producing 2 units of a good is ₹ 9 and given below is its total cost schedule. Calculate its Average Variable Cost and Marginal Cost for each of the given level of output :

    A firm is operating with a Total Variable cost of Rs 500 when 5 units of the given output are produced and the Total Fixed Costs are Rs 200, what will be the Average Total Cost of producing 5 units of output ? (i) Rs 140 (ii) Rs 100 (iii) Rs 120 (iv) Rs 300

    Total fixed cost is more than total variable cost at zero level of output.

    Home
    Profile