Re: JNU Past year doubts

Posted by Arushi :)) on Mar 26, 2014; 4:12am
URL: http://discussion-forum.276.s1.nabble.com/JNU-Past-year-doubts-tp7585521p7585522.html

Q1.
Average total cost = Total cost/ total output
                         = (Fixed cost/total output)+( variable cost/ total output)
                        4= (1000/Q) + average variable cost
                        4= (1000/Q) + 3.50
                => 1000/Q = 1/2 => Q = 2,000 units.
For Q 2, i ll go with a.