Direction.
Directions: Answer the questions based on the following information:
ABC Ltd. Produces widgets for which the demand is unlimited and they can sell all of their production. The graph below describes the monthly variable costs incurred by the company as a function of the quantity produced. In addition, operating the plant for one shift results in a fixed monthly cost of Rs. 800. Fixed monthly costs for second shift operation are estimated at Rs. 1200. Each shift operation provides capacity for producing 30 widgets per month.
Note: Average unit cost, AC = Total monthly cost / monthly production, and Marginal cost, MC is the rate of change in total cost for unit change in quantity produced.
30
50
60
40
A. 30
1.5
2
1
1.15
2011
2012
2013
None of these
1.5%
2%
2.5%
0.94%
Geeta
Seeta
Ram
Shyam
50
45
40
35
Rs. 110
Rs. 143
Rs. 95
cannot be determined
1994
1992
1993
1995
700
650
480
540
Rs. 160 lakh
Rs. 170 lakh
Rs. 180 lakh
Rs. 210 lakh
61
52
63
56
Theoretical
Religious
Economic
Political
Rs. 0.5 Crore
Rs. 1.0 Crore
Rs. 2.0 Crore
Rs. 3.0 Crore
19:23
18:25
23:19
25:18
Sawn timber
Logs
Plywood
Cannot be determined
Profitability is non-decreasing during the five years from 1994-95 to 1998-99.
Profitability is non-increasing during the five years from 1994-95 to 1998-99.
Profitability remained constant during the five years from 1994-95 to 1998-99.
None of the above
Rs. 540 lakh
Rs. 630 lakh
Rs. 720 lakh
Rs. 770 lakh
1819, 1651
1919, 1751
1969, 1762
1719, 1601
1993
1994
1995
1996
Geeta
Seeta
Ram
Shyam
1993
1994
1995
1996
245
237
263
300
20500
21000
10,000
None of these
Rs. 15,500
Rs. 16,135.5
Rs. 14,500
Rs. 18,500
1995-96
1996-97
1997-98
1998-99
1,24,000
1,40,000
1,50,000
None of these
September
July
March
May
225
275
175
All the demand will be met
1990
1991
1992
1994
A
B
C
D
3600
90
140
115