Home
Class 14
MATHS
A firm produces 50 units of a good for R...

A firm produces 50 units of a good for Rs. 320 and 80 units for Rs. 380 . Supposing that the cost curve is a straight line, estimate the cost of producing 110 units :

A

₹ 330

B

₹ 1665

C

₹ 440

D

₹ 365

Text Solution

Verified by Experts

The correct Answer is:
C
Promotional Banner

Topper's Solved these Questions

  • CI/ SI/ INSTALMENTS

    QUANTUM CAT|Exercise QUESTION BANK |99 Videos
  • ELEMENTS OF ALGEBRA

    QUANTUM CAT|Exercise QUESTION BANK|196 Videos

Similar Questions

Explore conceptually related problems

A consumer busy 50 units of a good at Rs. 10 per unit . At a price of Rs.8 per unit he busy 100 units . Find out E_(P) .

When 5 units of a good are sold, TR is Rs 100. when 6 units are sold, MR is Rs 8 . At what price are 6 units sold ?

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

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 information about the total cost for a firm is given below : From this information find out : (a) Average fixed cost of producing 3 units, (b) Marginal cost of producing 4^(th) unit, (c ) Output level when marginal cost is greatest , (d) Total variable cost of producing 5 units, (e) Average variable cost of producing 3 units, (f) Averge total of producing 4 units.

Following information is given about a firm: From this information find out: (i) the average fixed cost of producing 4 units. (ii) the average variable cost of producing 5 units. (iii) the least average cost level of output. (iv) the marginal cost of producing the 3rd unit. (v) the total variable cost of producing 6 units.

QUANTUM CAT-CO-ORDINATE GEOMETRY-QUESTION BANK
  1. Find the equations of the line which passes through the point (3,4) an...

    Text Solution

    |

  2. A straight line passes through the points (a,0) and (0,b) . The length...

    Text Solution

    |

  3. A firm produces 50 units of a good for Rs. 320 and 80 units for Rs. 38...

    Text Solution

    |

  4. Find the equation of the line on which length of the perpendcular from...

    Text Solution

    |

  5. Find the equation of the line which passes through the point (3,-4) a...

    Text Solution

    |

  6. Find the equation of the line joining the points of intersection of 2x...

    Text Solution

    |

  7. Find the equation of one of the two line which pass through the point ...

    Text Solution

    |

  8. Find the equation of the straight line which passes the point (5,-6) w...

    Text Solution

    |

  9. Find the equation of the straight line which passes through the point ...

    Text Solution

    |

  10. Find the length of the perpendicular from the point (3,-2) to the stra...

    Text Solution

    |

  11. Find the distance between two parallel lines 5x + 12y - 30 = 0 and 5x ...

    Text Solution

    |

  12. Find the equation of the line through the point of intersection of 2x ...

    Text Solution

    |

  13. Find the equation of the line which passes through the point of inters...

    Text Solution

    |

  14. Find the equation of the line which passes through the point of inters...

    Text Solution

    |

  15. Find the equation of the line through the intersection of the lines 3x...

    Text Solution

    |

  16. Find the equation of the straight line which passes through the point ...

    Text Solution

    |

  17. A straight line x/a -y/b =1 passes through the point (8,6) and cuts of...

    Text Solution

    |

  18. Find the equations of the bisectors of the angle between the straight ...

    Text Solution

    |

  19. Find the area of the triangle formed by the straight lines whose equat...

    Text Solution

    |

  20. Find the coordinates of the orthocentre of the triangle whose vertices...

    Text Solution

    |