8
Total fixed cost is 90, complete the following table
Units of Output Marginal cost (*) Total cost (6)
1
10
Average Total Cost ()
2
20
3
15
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Answer:
Answer
Output
(Units) Total Cost
(Rs.) Average Variable Cost (Rs.) Marginal Cost
(Rs.) Average Fixed Cost (Rs.) Total Fixed Cost (Rs.) Total Variable Cost (Rs.)
0
1
2
3
4
5 30
50
68
84
102
125 -
20
19
18
18
19 -
20
18
16
18
23 ∞
30
15
10
7.5
6 30
30
30
30
30
30 0
20
38
54
72
95
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