Home
Class 11
ECONOMICS
The cost schedule of a firm is given as ...

The cost schedule of a firm is given as :

In the given case, average variable cost at `3^(rd)` level of output will be :

A

`70`

B

`66`

C

`65`

D

`64`

Text Solution

Verified by Experts

The correct Answer is:
D
Promotional Banner

Topper's Solved these Questions

  • COST

    SANDEEP GARG|Exercise Very Short Answer Type|41 Videos
  • COST

    SANDEEP GARG|Exercise Short Answer|23 Videos
  • COST

    SANDEEP GARG|Exercise Guidelines|12 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 average variable cost at each level of output :

Cost schedule is given as : In the given case, marginal cost at 4th level of output will be :

The cost schedule of a firm, whose total fixed cost is ₹ 12 , is given as : In the given case, total cost at 2^(nd) level of output will be :

A firm producing 6 units of output has average total cost ₹ 150 and has to pay ₹ 240 to its fixed factors of production. In the given case, average variable cost at 6 units of output will be :

A firm's average fixed cost, when it produces 2 units, is ₹ 30 . Its average total cost schedule is given below. Calculate its marginal cost and average variable cost at each level of output.

The table given below shows the total cost of a firm at different levels of output. Calculate marginal cost and average variable cost at each level of output.