Total increases from Rs500 to Rs600 when output increases from 20 to – McqOptions

MCQOPTIONS

1.	Total increases from Rs500 to Rs600 when output increases from 20 to 30 units. Fixed costs are Rs200 Which of the following is true ?
A.	Marginal cost is Rs20
B.	Average cost falls
C.	Variable cost rises by Rs100
D.	Average fixed cost is Rs10
Answer» D. Average fixed cost is Rs10

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