I guess the function is a parabola with vertex at (0,0) and opens down so the range is (-infinity, 0].
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
THE ANSWER IS LYFE 3432423
Edit: Misread the diagram, the previous answer was wrong.
Answer:
D
Step-by-step explanation:
Multiply the circumference by the diameter which is D