Question

A Firm's average fixed cost of production 2 unit of good in Rs 9 then calculate AVC and MC​

Answer 1

Answer:

ANSWER

Output

(Units) TC

(RS.) AFC

(Rs.) TFC

(Rs.) TVC

(Rs.) AVC

(Rs.) MC

(Rs.)

1 23 18 18 23−18=5

1

5

=5 5

2 27 9 18 27−18=9

2

9

=4.5 4

3 30 6 18 30−18=12

3

12

=4 3