2. The fabric wall hanging has an area of
2 answers:
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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
Answer:
Step-by-step explanation:
To find median and mode for
a) In a uniform distribution median would be
(a+b)/2 and mode = any value
b) X is N
we know that in a normal bell shaped curve, mean = median = mode
Hence mode = median =
c) Exponential with parameter lambda
Median =
Mode =0