If a firm’s production department data says that the total variable

1.	If a firm’s production department data says that the total variable cost for producing 8 units and 10 units of output is Rs. 2,500 and Rs.3,000 respectively, marginal cost of 10th unit will be a. Rs.100 b. Rs.150 c. Rs.500 d. Rs.250
Answer» The correct answer is (d) 250.

If a firm’s production department data says that the total variable cost for producing 8 units and 10 units of output is Rs. 2,500 and Rs.3,000 respectively, marginal cost of 10th unit will be a. Rs.100 b. Rs.150 c. Rs.500 d. Rs.250

Answer»

The correct answer is

(d) 250.

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If a firm’s production department data says that the total variable cost for producing 8 units and 10 units of output is Rs. 2,500 and Rs.3,000 respectively, marginal cost of 10th unit will be a. Rs.100 b. Rs.150 c. Rs.500 d. Rs.250

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