CA Foundation Exam  >  CA Foundation Questions  >  (Direction 138 - 141)Use Table 2 to answer qu... Start Learning for Free
(Direction 138 - 141) Use Table 2 to answer questions.
A competitive firm sells as much as of its product as it chooses at a market price of Rs. 100 per unit. Its fixed cost is Rs. 300 and its variable costs (in rupees) for different levels of production are shown in the following table.
 
Q. When production is 40 units, the average total cost is
  • a)
    Rs. 4.40
  • b)
    Rs. 7.50
  • c)
    Rs. 85
  • d)
    Rs. 92.50
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
(Direction 138 - 141)Use Table 2 to answer questions.A competitive fir...
Given that fixed cost is 300 and Variable cost at 40 units is 3400.So TC =FC+VC i.e total cost =3400+300=3700.
ATC =TC÷no.of units therefore ATC=3700÷40=92.5
Explore Courses for CA Foundation exam
(Direction 138 - 141)Use Table 2 to answer questions.A competitive firm sells as much as of its product as it chooses at a market price of Rs. 100 per unit. Its fixed cost is Rs. 300 and its variable costs (in rupees) for different levels of production are shown in the following table.Q.When production is 40 units, the average total cost isa)Rs. 4.40b)Rs. 7.50c)Rs. 85d)Rs. 92.50Correct answer is option 'D'. Can you explain this answer?
Question Description
(Direction 138 - 141)Use Table 2 to answer questions.A competitive firm sells as much as of its product as it chooses at a market price of Rs. 100 per unit. Its fixed cost is Rs. 300 and its variable costs (in rupees) for different levels of production are shown in the following table.Q.When production is 40 units, the average total cost isa)Rs. 4.40b)Rs. 7.50c)Rs. 85d)Rs. 92.50Correct answer is option 'D'. 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 (Direction 138 - 141)Use Table 2 to answer questions.A competitive firm sells as much as of its product as it chooses at a market price of Rs. 100 per unit. Its fixed cost is Rs. 300 and its variable costs (in rupees) for different levels of production are shown in the following table.Q.When production is 40 units, the average total cost isa)Rs. 4.40b)Rs. 7.50c)Rs. 85d)Rs. 92.50Correct answer is option 'D'. 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 (Direction 138 - 141)Use Table 2 to answer questions.A competitive firm sells as much as of its product as it chooses at a market price of Rs. 100 per unit. Its fixed cost is Rs. 300 and its variable costs (in rupees) for different levels of production are shown in the following table.Q.When production is 40 units, the average total cost isa)Rs. 4.40b)Rs. 7.50c)Rs. 85d)Rs. 92.50Correct answer is option 'D'. Can you explain this answer?.
Solutions for (Direction 138 - 141)Use Table 2 to answer questions.A competitive firm sells as much as of its product as it chooses at a market price of Rs. 100 per unit. Its fixed cost is Rs. 300 and its variable costs (in rupees) for different levels of production are shown in the following table.Q.When production is 40 units, the average total cost isa)Rs. 4.40b)Rs. 7.50c)Rs. 85d)Rs. 92.50Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of (Direction 138 - 141)Use Table 2 to answer questions.A competitive firm sells as much as of its product as it chooses at a market price of Rs. 100 per unit. Its fixed cost is Rs. 300 and its variable costs (in rupees) for different levels of production are shown in the following table.Q.When production is 40 units, the average total cost isa)Rs. 4.40b)Rs. 7.50c)Rs. 85d)Rs. 92.50Correct answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of (Direction 138 - 141)Use Table 2 to answer questions.A competitive firm sells as much as of its product as it chooses at a market price of Rs. 100 per unit. Its fixed cost is Rs. 300 and its variable costs (in rupees) for different levels of production are shown in the following table.Q.When production is 40 units, the average total cost isa)Rs. 4.40b)Rs. 7.50c)Rs. 85d)Rs. 92.50Correct answer is option 'D'. Can you explain this answer?, a detailed solution for (Direction 138 - 141)Use Table 2 to answer questions.A competitive firm sells as much as of its product as it chooses at a market price of Rs. 100 per unit. Its fixed cost is Rs. 300 and its variable costs (in rupees) for different levels of production are shown in the following table.Q.When production is 40 units, the average total cost isa)Rs. 4.40b)Rs. 7.50c)Rs. 85d)Rs. 92.50Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of (Direction 138 - 141)Use Table 2 to answer questions.A competitive firm sells as much as of its product as it chooses at a market price of Rs. 100 per unit. Its fixed cost is Rs. 300 and its variable costs (in rupees) for different levels of production are shown in the following table.Q.When production is 40 units, the average total cost isa)Rs. 4.40b)Rs. 7.50c)Rs. 85d)Rs. 92.50Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice (Direction 138 - 141)Use Table 2 to answer questions.A competitive firm sells as much as of its product as it chooses at a market price of Rs. 100 per unit. Its fixed cost is Rs. 300 and its variable costs (in rupees) for different levels of production are shown in the following table.Q.When production is 40 units, the average total cost isa)Rs. 4.40b)Rs. 7.50c)Rs. 85d)Rs. 92.50Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice CA Foundation tests.
Explore Courses for CA Foundation exam

Top Courses for CA Foundation

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev