A firm's average total cost of production is Rs.300 at 5 units of output and Rs.

Question

A firm's average total cost of production is Rs.300 at 5 units of output and Rs.320 at 6 units of output. The marginal cost of producing the 6th unit is

Options:

A . Rs.20

B . Rs.120

C . Rs.320

D . Rs.420

Answer: Option D

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