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Business Data Management, Quiz 2
The total cost is Rs. 5000 and the quantity produced is 100 units. What is the average variable cost per unit if the fixed cost is Rs. 2,000? Round off to nearest whole number
The total cost is Rs. 5000 and the quantity produced is 100 units. What is the average variable cost per unit if the fixed cost is Rs. 2,000? Round off to nearest whole number A small company has current assets of Rs. 200,000, inventories of Rs. 50,000, and current liabilities of Rs. 100,000. What is the quick ratio? Round off to 2 decimal places A consumer consumes three units of a good. The marginal utility obtained from the first unit is 10, and the marginal utility decreases by 2 with each unit consumed. What is the total utility? Round off to nearest whole number