

MCQOPTIONS
Saved Bookmarks
1. |
The total costs are Rs2000 and 10 units are produced. The marginal cost of an 11th unit is Rs1300 Which of the following is true ? |
A. | The average cost increase from Rs20 to Rs30 |
B. | The total costs for 11 units are Rs700 |
C. | The average cost for 10 units is Rs1300 |
D. | The average cost for 11 units is Rs1300 |
Answer» D. The average cost for 11 units is Rs1300 | |