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A firm is operating with a Total Variabl...

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

Text Solution

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Rs 140
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Knowledge Check

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