EconomicsSEE 2081

The total cost of a farmer producing 15 kg cauliflower is Rs. 450. What is the average cost of the production of cauliflower?

1

Answer

The average cost of producing cauliflower is calculated by dividing the total cost by the total quantity produced.

Given:

  • Total cost = Rs. 450
  • Quantity produced = 15 kg

The formula for average cost (AC) is:

Substituting the given values:

Thus, the average cost of producing 1 kg of cauliflower is Rs. 30.

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