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The average cost function for a commodity is given by AC = 0.05x^2 - 5x + 1000 + 3000 x in terms of output x. The fixed cost is

CUET UG 2025 — Mathematics Statistics & Applications

2025mcqmedium

The average cost function for a commodity is given by AC=0.05x2−5x+1000+3000xAC = 0.05x^2 - 5x + 1000 + \frac{3000}{x}AC=0.05x2−5x+1000+x3000​ in terms of output x. The fixed cost is

Official previous-year question

Held on 3 Jun 2025 · Verified 13 Jul 2026.

Options

  1. A

    1000

  2. B

    3000

  3. C

    5

  4. D

    0.05

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