Re: JNU 2008 SSS DOUBTS

Posted by Economics student on Apr 18, 2014; 8:36am
URL: http://discussion-forum.276.s1.nabble.com/JNU-2008-SSS-DOUBTS-tp7587233p7587314.html

For A10, here's what I did-

We can figure out that fixed cost is 5Rs. Then for every unit, we see per unit cost of production is 0.5. You can check by writing in form of equations and solving. so, for 10 units, FC is 5, and per unit is 0.5*10, so TC=10. For 30 units, FC=5 and per unit will be 0.5*30, so TC=20.
This approach may be flawed, someone please let me know if i went wrong somewhere.