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The total cost at 5 units of output is ₹...

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`

Text Solution

Verified by Experts

The correct Answer is:
C
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SANDEEP GARG-COST-Multiple Choice Qns
  1. Which of the following statement is true ?

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

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

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

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

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

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

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

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  9. MC Curve cuts the AVC and ATC Curves :

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

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

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

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  13. Identify the following curve :

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

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

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

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  17. When AC gt MC, then MC can:

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  18. Out of the following costs, which cost can never be zero :

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  19. If a firm's production department data says that the TVC for producing...

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  20. When average cost falls, marginal cost: (Choose the correct alterna...

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