Question

32
Total Fixed Cost is given as · 60. Calculate AVC and MC from the following
information given about TC:
Output
1
2
3
TC (1)
80
90
105​

Answer 1

• TVC= Tc-Tfc
• TVC= Tc-TfcAvc= Tvc÷output
• TVC= Tc-TfcAvc= Tvc÷outputmc= Tc-Tcn-1