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A firm's average fixed cost (AFC) is ₹ 2...

A firm's average fixed cost (AFC) is `₹ 20` at six units of output. What will be AFC at four units of output ?

A

`₹ 20`

B

`₹ 30`

C

`₹ 40`

D

`₹ 50`

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The correct Answer is:
B
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SANDEEP GARG-COST-Multiple Choice Qns
  1. A firm is has variable cost ₹ 1,000 at five units of output. If fixed...

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  2. Which is the following is a variable cost for a firm ?

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  3. A firm's average fixed cost (AFC) is ₹ 20 at six units of output. What...

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  4. Which of the following statement is true ?

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  5. "" cost refers to actual payment made by the entreneur to the provide...

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  6. The distinction drawan between fixed and variable costs is based on :

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  7. Which of the following is an example of "Implicit cost" ?

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  8. If a resource can be put only to particular use, then opportunity c...

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  9. If a Firm produces zero output in the short period, then :

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  10. With which of the following, the concept of marginal cost is closely r...

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  11. Initially, even when there is an increase in AVC, AC may still decline...

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  12. MC Curve cuts the AVC and ATC Curves :

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  13. The total cost at 5 units of output is ₹ 30. The fixed cost is ₹ 5. Th...

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  14. The average fixed cost at 4 units of output is ₹ 20. Average variabl...

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  15. The realtionship between AC, AVC and MC is rightly shown by :

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  16. Identify the following curve :

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  17. Which of the following diagram correctly depicts the relationship bet...

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  18. The area under the following curve is equal to :

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  19. Which of the following diagram correctly depicts the ralation between ...

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  20. When AC gt MC, then MC can:

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