MAY 2025Foundation
Use the following data to answer question 24-25: 0 1 2 3 4 5 Output (Q) 0 1 2 3 4 5 Total cost (TC) ₹ 200 ₹ 310 ₹ 410 ₹ 500 ₹ 604 ₹ 710
Sub-questions (2)
question_24MCQ
The Average Fixed Cost of 2 units of output is:
A
(A) ₹ 85
B
(B) ₹ 100
C
(C) ₹ 110
D
(D) ₹ 205
question_25MCQ
Diminishing marginal returns start to occur between units:
A
(A) 1 and 2
B
(B) 2 and 3
C
(C) 3 and 4
D
(D) 4 and 5