Practicing Success

Target Exam

CUET

Subject

-- Mathematics - Section B2

Chapter

Financial Mathematics

Question:

It is known that the cost of producing 50 units of a commodity is ₹250 and cost of producing 100 units is 350. Assuming average variable cost is fixed, cost function will be

Options:

$(100+2 x)$

$(150+2 x)$

$(150+3 x)$

$(200+2 x)$

Correct Answer:

$(100+2 x)$

Explanation:

The correct answer is Option () -