Option 4: 10.55 -> Short Run Average Cost (SRAC) is calculated by dividing Total Cost by the number of units produced. Here, SRAC = Total Cost / Output = 95 / 9 = 10.555... ≈ 10.55. This represents the per-unit cost of production in the short run, where at least one factor of production is fixed. -> correct
Calculate the short run average cost when total cost is 95 with 9 units of output.
CUET UG 2025 — Economics Micro
Calculate the short run average cost when total cost is 95 with 9 units of output.
Held on 27 May 2025 · Verified 13 Jul 2026.
Options
- A
9.55
- B
11
- C
10
- D
10.55
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