Question

3) Complete the following table: (4) Output(units) Average Variable cost (Rs.) Total Cost(Rs.) Marginal Cost (Rs.) 1 60 20 2 18 3 18 4 20 120 5 22

Answer 1

Answer:

Complete the following table:

Output

(Units) Total Cost

(Rs.) Average Variable Cost

(Rs.) Marginal Cost

(Rs.) Average Fixed Cost

(Rs.)

0

1

2

3

4

5 30

-

68

84

-

125 -

-

-

18

-

19 -

20

-

-

18

- -

-

-

-

-

6