Practicing Success
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 |
$(100+2 x)$ $(150+2 x)$ $(150+3 x)$ $(200+2 x)$ |
$(100+2 x)$ |
The correct answer is Option () - |