Question
Economics Question on Estimation and Costing
The total cost of manufacturer is C=5000+1000q-500q²+ 2q3/3.The value of q for which MC = AVC will be :-
A
750/3
B
375
C
125
D
500
Answer
375
Explanation
Solution
The correct option is (B):375
The total cost of manufacturer is C=5000+1000q-500q²+ 2q3/3.The value of q for which MC = AVC will be :-
750/3
375
125
500
375
The correct option is (B):375