Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Accounting and Auditing Cost and Management Accounting Marginal Costing
For a manufacturer, total cost function is given by C = \(\rm \frac{x^2}{25}+2x\) Which of the following are correct?
A. 2.6 is the marginal cost when 5 units are produced.
B. \(\rm \frac{2x}{25}+2\) is the marginal cost function.
C. \(\rm \frac{x}{25}+2\) is the average cost function.
D. 2.4 is the marginal cost when 5 units are produced.
E. \(\rm \frac{x}{25}+1 \) is the average cost function.
Choose the correct answer from the options given below:
1
A, B, E only
2
B, C, E only
3
C, B, D only
4
A, D, E only