Rs 100 of the average total cost is made up of variable costs.
Step-by-step explanation:
Given:
Number of output the firm produces= 7 units
Average cost of the output= Rs. 150
fixed factors of production = Rs.350
To Find:
How much of the average total cost is made up of variable costs=?
Solution:
we know that,
Average total cost= total cost/ number of output units produced
substituting the values, we get
Total cost= 1050
we know that Total fixed cost = 350
Total cost = Total fixed cost + Total variable cost
plug in the known values.
1050= 350 + Total variable cost
Total variable cost = 1050-350
Total variable cost =700
For 7th unit = 100
If you round 100.360 to the nearest whole number it'll be (100) if you see "100.500" i'll be 101 due to the decimals
Answer:
The length of the thread which is left on the reel is 790 cm. Used = 210 cm.
Step-by-step explanation:
Answer:
The total cost y of a meal.....
Step-by-step explanation:
The total cost of the meal Y suggests addition, which if you added the x and w portions, you would end up with y.
The other answers suggest subtraction, division, or multiplication, which is not being illustrated by the model.