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 :
- A 1000
- B 3000
- C 5
- D 0.05
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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