Q341
The average total cost pf producing 50 units is Rs.250 and total fixed cost is Rs.1000. What is the average fixed cost of producing 100 units?
A.
Rs.10
AnswerB.
Rs.30
C.
Rs.20
D.
Rs.5
Answer: Option A
Solution
Answer: Option A
Solution:
Average Fixed Cost = Total Fixed Cost / Number of Units. AFC = 1000/100 = Rs. 10.