Frequency distribution of cost of produc...

Frequency distribution of cost of production per unit of a good is given below. Find the average cost.

Text Solution

Verified by Experts

The correct Answer is:

Rs. 46.25

Topper's Solved these Questions

ARITHMETIC MEAN
SK AGGARWALA|Exercise Exercise (Long answer Question )|1 Videos
CENTRAL PROBLEMS OF AN ECONOMY
SK AGGARWALA|Exercise SOME IMPORTANT|5 Videos

Similar Questions

Explore conceptually related problems

The pie chart represent the distribution of cost of production of a firm in different purpose. Total cost of production of firm is Rs.720 lakh. A = Cost of raw materials B = Cost of packing materials C = Cost of labour D = Maintenance cost Find the difference between Maintenance cost and raw materials.

The pie chart represent the distribution of cost of production of a firm in different purpose. Total cost of production of firm is Rs.720 lakh. A = Cost of raw materials B = Cost of packing materials C = Cost of labour D = Maintenance cost If cost of production is increased by 10%, then the new packing cost will be

The pie chart represent the distribution of cost of production of a firm in different purpose. Total cost of production of firm is Rs.720 lakh. A = Cost of raw materials B = Cost of packing materials C = Cost of labour D = Maintenance cost Cost of packing materials and labour together amount to:

The total cost function C for producing x units of an article is given by C=Rs(400-16x+2x^(2)) Find the average cost function and the level of output at which this function is minimum.

A firm's Average Fixed Cost of producing 2 units of a good is ₹ 9 and given below is its total cost schedule. Calculate its Average Variable Cost and Marginal Cost for each of the given level of output :

IF the marginal cost is defined as the rate of change of total cost with respect to the number of units of the product, The marginal cost of producing x units of a product is given by marginal cost =2xsqrt(x+5) . The cost of producing 4 units of the product is Rs 314.40 . Find the cost function.

The following table shows the total cost of production of a firm at different levels of output. Find out the average variable cost and the marginal cost at each level of output?

Find the average cost of production ( in Rs per unit ) in factories in two states.

SK AGGARWALA-ARITHMETIC MEAN-Exercise ( Numerical Exercises )

Solve Q.1 by step deviation method.
Text Solution
|
An opinion poll was conducted by interviewing 150 people. Calculate th...
Text Solution
|
A survey of monthly incomes of 100 families living in a village was co...
Text Solution
|
Calculate average cost of cultivation per quintal of wheat from the fo...
Text Solution
|
Calculate (a) unweighted and (b) weighted mean price from the followi...
Text Solution
|
Calculate the simple arithmetic mean of the pocket money of the 8 stud...
Text Solution
|
Sachin Tendulkar scored the following runs in the World Cup Cricket 20...
Text Solution
|
Per Capita income ( at 1993-94) of India during 1991-1992 to 2001-02 i...
Text Solution
|
Given yield per hectare of food grains in India during 1995-96 and 200...
Text Solution
|
Frequency distribution of cost of production per unit of a good is giv...
Text Solution
|
Calculate (i) the unweighted mean of prices and (ii) the mean obtained...
Text Solution
|
A student obtains the following percentage in an examination. (i...
Text Solution
|
The mean height of 20 girls in section A of a class is 155 cm, and tha...
Text Solution
|
Gross Enrolment Ratio (GER) in classes I-V for boys and girls in the 3...
Text Solution
|
Percentage of households having access to safe drinking water in 31 St...
Text Solution
|
Find the average mark from the following :
Text Solution
|
Find the average cost of production ( in Rs per unit ) in factories i...
Text Solution
|
Calculate the average daily earnings of emplyees.
Text Solution
|
Caculate the average number of days of absence by students from school...
Text Solution
|
Calculate average number of marks by student in a class. Note: I...
Text Solution
|