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A firm operating in perfect competition sells as much as of its products as it chooses at a market price of Rs. 100 per unit. It Fixed cost is Rs. 300 and its Variable cost for different levels of production are shown in the above table.
Q. ​In the table, marginal cost per unit that corresponds to 40 units of production is:
  • a)
    Rs. 22
  • b)
    Rs. 85
  • c)
    Rs. 176
  • d)
    Rs. 880
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
A firm operating in perfect competition sells as much as of its produc...
MC per unit =change in total cost /change in units
=(3400+300)-(2520+300)/40-35
=880/5=176
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A firm operating in perfect competition sells as much as of its products as it chooses at a market price of Rs. 100 per unit. It Fixed cost is Rs. 300 and its Variable cost for different levels of production are shown in the above table.Q.In the table, marginal cost per unit that corresponds to 40 units of production is:a)Rs. 22b)Rs. 85c)Rs. 176d)Rs. 880Correct answer is option 'C'. Can you explain this answer?
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A firm operating in perfect competition sells as much as of its products as it chooses at a market price of Rs. 100 per unit. It Fixed cost is Rs. 300 and its Variable cost for different levels of production are shown in the above table.Q.In the table, marginal cost per unit that corresponds to 40 units of production is:a)Rs. 22b)Rs. 85c)Rs. 176d)Rs. 880Correct answer is option 'C'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about A firm operating in perfect competition sells as much as of its products as it chooses at a market price of Rs. 100 per unit. It Fixed cost is Rs. 300 and its Variable cost for different levels of production are shown in the above table.Q.In the table, marginal cost per unit that corresponds to 40 units of production is:a)Rs. 22b)Rs. 85c)Rs. 176d)Rs. 880Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A firm operating in perfect competition sells as much as of its products as it chooses at a market price of Rs. 100 per unit. It Fixed cost is Rs. 300 and its Variable cost for different levels of production are shown in the above table.Q.In the table, marginal cost per unit that corresponds to 40 units of production is:a)Rs. 22b)Rs. 85c)Rs. 176d)Rs. 880Correct answer is option 'C'. Can you explain this answer?.
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