The fixed cost of a new product is Rs.35,000 and variable cost per unit is Rs.500.Demand function P(x)=5000-100x,find the break - even values
10,15
10,25
10,20
10,35
The total cost C(x) associated with production and marketing of x units of an item is given by C(x) =0.005 x3-0.02x2+30x+500.Then the average cost of output of 10 units is
80
80.1
80.2
80.3
A company produced get pens with a production cost of Rs.15 per pen and plus a fixed daily over head cost of Rs.900.The pens are sold x units per day at a cost of Rs-20 per pen.then profit function is
5x-900
900x-5
20x-900
15x+900
If C =ax2+bx+c represents the total cost function ,then the slope of two average cost function is
2ax+b
ax+b+c/x
a-c/x2
None of these
Given that the total cost function for x units of a commodity as C(x)=x3/3+3x2-7x+16,then the marginal cost function is
3x2+3x+7
3x2+3x-7
x2+6x-7
x2+6x+7
The break even point is that point where total____________ equals total cost incurred
Revenue
Demand
Supply
The ________ is said to represent the functional relationship between demand and price of a commodity
Cost function
Demand function
Supply function
A company produced a commodity with Rs,20,000 fixed costs .The variable cost is estimated to 35 % of the total revenue when it is sold at a rate of Rs 6 per unit.Find the total revenue ,total cost and profit function of the revenue When it is sold.
(39x/10)-20000
41x/10-2000
43x/10-20000
The _____ keeps on varying as levels of production
Marginal cost
Fixed cost
Variable cost
