What is the Average Variable Cost (AVC) when the quantity produced is 100 units, the total cost is ₹1,000, and the fixed cost is 200?
CA Foundation · Business Economics · PYQS · September 2025
What is the Average Variable Cost (AVC) when the quantity produced is 100 units, the total cost is ₹1,000, and the fixed cost is 200?
Suggested Answer and Working Notes:
Correct Answer: Option (B)
B. ₹ 8
Topics: Theory of Production and Cost