Multiple Choice Questions on If the average total cost are Rs 54 average variable cost is Rs 36 and quantity produced is 250........... for SSC CHSL Preparation

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Multiple Choice Questions

If the average total cost are Rs 54 average variable cost is Rs 36 and quantity produced is 250...........

General Studies (CHSL) Indian Economy
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    If the average total cost are Rs 54, average variable cost is Rs 36 and quantity  produced is 2500 units, find the total fixed costs (in Rs) of the firm ?

    30,000

    Incorrect Answer

    15,000

    Incorrect Answer

    45,000

    Correct Answer

    60,000

    Incorrect Answer
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    Explanation:

    Total Average Cost = Rs. 54 and Average Variable cost = Rs. 36

    Quantity Produced is  = 2500 units ,

    therefore , Rs . 54 -Rs. 36 = Rs. Rs. 18.

    Unit produced = 2500 X 18 = 45,000.

    Therefore , the total fixed cost = Rs. 45,000.

    By: Barka Mirza
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