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

A firm is operating with a Total Variable cost of Rs 500 when 5 units

1.	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
Answer» SOLUTION :RS 140