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CUET · MATHS · PYQ PAPER 2025

The average cost function for a commodity is given by \(A C=0.05 x^2-5 x+1000+\frac{3000}{x}\) in terms of output \(x\). The fixed cost is :

  1. A 1000
  2. B 3000
  3. C 5
  4. D 0.05
Verified Solution

Answer & Solution

Correct Answer

(B) 3000

Step-by-step Solution

Detailed explanation

\(TC = AC \cdot x\) \(TC = (0.05 x^2-5 x+1000+\frac{3000}{x})x\) \(TC = 0.05 x^3-5 x^2+1000x+3000\) Fixed cost \( = 3000\)
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