Match List-I and List-II LIST I LIST II A. For TC(Total Cost)=20+10q-3q 2 +q 3 AFC(Average Fixed Cost) is: I. 10-6q+3q 2 B. Given TC=20+10q-3q 2 +q 3 MC(Marginal Cost) is: II. 10-3q+q 2 C. Given TC=20+10q-3q 2 +q 3 AVC(Average Variable Cost) is: III. $\frac{20}{q}+10-3q+q^2$ D. Given TC=20+10q-3q 2 +q 3 ATC(Average Total Cost) is: IV. $\frac{20}{q}$ Choose the correct answer from the options given below:

Question

cdquestions Admin · Accepted Answer

The correct option is(C): A-IV, B-I, C-II, D-III

Answer

A-II, B-III. C-I. D-IV

Answer

A-IV, B-II, C-I, D-III

Answer

A-IV. B-I. C-II. D-III

Answer

A-III, B-IV. C-II. D-I

LIST I		LIST II
A.	For TC(Total Cost)=20+10q-3q²+q³ AFC(Average Fixed Cost) is:	I.	10-6q+3q²
B.	Given TC=20+10q-3q²+q³ MC(Marginal Cost) is:	II.	10-3q+q²
C.	Given TC=20+10q-3q²+q³ AVC(Average Variable Cost) is:	III.	\(\frac{20}{q}+10-3q+q^2\)
D.	Given TC=20+10q-3q²+q³ ATC(Average Total Cost) is:	IV.	\(\frac{20}{q}\)

List-I (Characteristic)	List-II (Concept)
(A) More debt can be used if debt can be raised at a lower rate	(I) Cost of debt
(B) Since interest is a deductible expense, cost of debt is affected by the tax rate	(II) Risk Consideration
(C) If a firm’s business risk is lower, its capacity to use debt is higher and vice-versa	(III) Tax Rate
(D) A public issue of equity may reduce the management’s holding in the company	(IV) Control

The Correct Option is C

Solution and Explanation

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