EASY
12th ICSE
IMPORTANT
Earn 100

For manufacturing a certain item, the fixed cost is 6500 and the cost of producing each unit is 12.50. What is the cost function? Draw a graph, clearly indicating TC, TFC and TVC. 

Important Questions on Application of Calculus in Commerce and Economics

EASY
12th ICSE
IMPORTANT
Understanding ISC Mathematics Class 12 Volume 2>Chapter 1 - Application of Calculus in Commerce and Economics>EXERCISE>Q 1
For manufacturing a certain item, the fixed cost is ₹ 6500 and the cost of producing each unit is ₹ 12.50. What is the total cost of producing 75 items ? 
EASY
12th ICSE
IMPORTANT
Understanding ISC Mathematics Class 12 Volume 2>Chapter 1 - Application of Calculus in Commerce and Economics>EXERCISE>Q 1
For manufacturing a certain item, the fixed cost is ₹ 6500 and the cost of producing each unit is ₹ 12.50.  What is the average cost of producing 400 items ? 
EASY
12th ICSE
IMPORTANT
Understanding ISC Mathematics Class 12 Volume 2>Chapter 1 - Application of Calculus in Commerce and Economics>EXERCISE>Q 2
The cost function for a certain commodity is C(x)=12+3x-13x2  Write down the total cost, fixed cost, variable cost and average cost when 3 units are produced. 
EASY
12th ICSE
IMPORTANT
Understanding ISC Mathematics Class 12 Volume 2>Chapter 1 - Application of Calculus in Commerce and Economics>EXERCISE>Q 3
Cost of producing 75 units of a commodity is 275 and cost of producing 150 units is 300. Assuming that TC is linear, find the cost function. 
EASY
12th ICSE
IMPORTANT
Understanding ISC Mathematics Class 12 Volume 2>Chapter 1 - Application of Calculus in Commerce and Economics>EXERCISE>Q 3
Cost of producing 75 units of a commodity is 275 and cost of producing150 units is ₹ 300. Assuming that TC is linear, find the average total cost of producing 75, 150, 225 units respectively. 
EASY
12th ICSE
IMPORTANT
Understanding ISC Mathematics Class 12 Volume 2>Chapter 1 - Application of Calculus in Commerce and Economics>EXERCISE>Q 3
Cost of producing 75 units of a commodity is ₹ 275 and cost of producing 150 units is ₹ 300. Assuming that TC is linear, find the average fixed cost of producing 75, 150, 225 undefined units respectively.
EASY
12th ICSE
IMPORTANT
Understanding ISC Mathematics Class 12 Volume 2>Chapter 1 - Application of Calculus in Commerce and Economics>EXERCISE>Q 3
Cost of producing 75 units of a commodity is ₹ 275 and cost of producing 150 units is ₹ 300. Assuming that TC is linear, find the average variable cost of producing 75, 150, 225 units respectively. 
EASY
12th ICSE
IMPORTANT
Understanding ISC Mathematics Class 12 Volume 2>Chapter 1 - Application of Calculus in Commerce and Economics>EXERCISE>Q 4
The total cost of producing and marketing x units of commodity is given by C=2x+15x2+5e. Find the fixed cost.