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TFC is ₹ 20 at 2^(nd) unit of output and...

TFC is `₹ 20` at `2^(nd)` unit of output and MC at `3^(rd)` unit is `₹ 5`. TFC at `3^(rd)` unit of output will be :

A

`₹ 15`

B

`₹ 20`

C

`₹ 25`

D

`₹ 5`

Text Solution

Verified by Experts

The correct Answer is:
B
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SANDEEP GARG-COST-Multiple Choice Qns
  1. Cost function is a "" concept:

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  2. Nishant, Tavieen and Manas are confused with the formula for deriving ...

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  3. TFC is ₹ 20 at 2^(nd) unit of output and MC at 3^(rd) unit is ₹ 5. TFC...

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  4. Which diagram correctly depicts total variable cost curve :

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  5. The curve in the following diagram is the most similar to a typical ,

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  6. MC curve intersects AC curve at its "" point and AVC curve at its "" ...

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  7. AC, AVC and MC curves are 'U' shaped because of :

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  8. Which two curves are intersected by MC curve at their minimum points:

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  9. Minimum point of MC curve comes before the minimum point of :

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  10. AVC can fall even when MC is rising, provided :

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  11. Which condition is incorrect :

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  12. Ishaan, Piyush and Bhavya are three friends talking about the relation...

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  13. Which one of the following is also known as fixed cost ?

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  14. The cost which is never zero even when production is stopped is known ...

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  15. AC is obtained by dividing TC by the level of :

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  16. when change in total cost is divided by change in output, we get :

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  17. Which of the following cost curves is rectangular hyperbola ?

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  18. When AC is rising MC is :

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  19. Minimum point of AC occurs to the right of minimum point of :

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  20. MC curve is common to both :

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