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Commerce · Q1046

Economics

Graduate and Post Graduate · Commerce · question 1046

Q1046

If you know that with 8 units of output, the average fixed cost is Rs. 12.50 and the average variable cost is Rs. 81.25, then total cost at this output level is

A.
Rs. 93.75
B.
Rs. 97.78
Answer
C.
Rs. 750
D.
Rs. 880

Answer: Option B

Solution

Answer: Option B
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