A firm's average total cost of production is Rs.300 at 5 units of outp

1.	A firm's average total cost of production is Rs.300 at 5 units of output and Rs.320 at 6 units of output. The marginal cost of producing the 6th unit is
Answer» Rs.420 The answer is Total cost for PRODUCING 5 units = 300 x 5 = 1500. Total cost for producing 6 units = 320 x 6 = 1920 Therefore, Marginal cost for producing the 6th unit = 1920-1500 = 420. This is a mathematical part that is used for the calculation of economics. At the same TIME, this also talks about production, and average rate of PER unit. Wlso, the marginal cost involved for the total production is also taken into account.

A firm's average total cost of production is Rs.300 at 5 units of output and Rs.320 at 6 units of output. The marginal cost of producing the 6th unit is

Answer»

Rs.420

The answer is Total cost for PRODUCING 5 units = 300 x 5 = 1500.
Total cost for producing 6 units = 320 x 6 = 1920 Therefore, Marginal cost for producing the 6th unit = 1920-1500 = 420.
This is a mathematical part that is used for the calculation of economics. At the same TIME, this also talks about production, and average rate of PER unit. Wlso, the marginal cost involved for the total production is also taken into account.

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A firm's average total cost of production is Rs.300 at 5 units of output and Rs.320 at 6 units of output. The marginal cost of producing the 6th unit is

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