Show Para
Use following table to answer questions 133-136.
A firm operating in perfect competition sells as much as of its products as it chooses at a market price of Rs. 100 per unit. It Fixed cost is Rs. 300 and its Variable cost for different levels of production are shown in the above table
| Quantity | Variable Cost | Fixed Cost | Total Cost | AVC | ATC | MC |
| 0 | 0 | |||||
| 5 | 25 | |||||
| 10 | 470 | |||||
| 15 | 700 | |||||
| 20 | 980 | |||||
| 25 | 1350 | |||||
| 30 | 1850 | |||||
| 35 | 2520 | |||||
| 40 | 3400 | |||||
| 45 | 4530 | |||||
| 50 | 5950 |
A firm operating in perfect competition sells as much as of its products as it chooses at a market price of Rs. 100 per unit. It Fixed cost is Rs. 300 and its Variable cost for different levels of production are shown in the above table
© examsnet.com
Question : 134
Total: 199
Go to Question: