Use the following data to answer question 24-25: Output (Q) 0 1 2 3 4 5 Total cost (TC) ₹ 200 ₹ 310 ₹ 410 ₹ 500 ₹ 604 ₹ 710 The Average Fixed Cost…

CA Foundation · Business Economics · PYQS · May 2025
Use the following data to answer question 24-25: Output (Q) 0 1 2 3 4 5 Total cost (TC) ₹ 200 ₹ 310 ₹ 410 ₹ 500 ₹ 604 ₹ 710 The Average Fixed Cost of 2 units of output is:
(A) A. ₹ 85
(B) B. ₹ 100
(C) C. ₹ 110
(D) D. ₹ 205

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. ₹ 100

Topics: Theory of Production and Cost

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