Mathematics · Economics - Cost Analysis
The average fixed cost for producing 5 units of output is Rs 20, and the average variable cost for 5 units of output is Rs 40. What is the average total cost of producing 5 units?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs 60✓
- 2Rs 40
- 3Rs 56
- 4Rs 20
Correct answer
Rs 60
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