Question

A firm’s SMC schedule is shown in the following table. The total fixed cost of the firm is Rs 100/-. Find the TVC, TC, AVC and SAC schedules of the firm. L TPL 0 − 1 500 2 300 3 200 4 300 5 500 6 800

Answer 1

Answer:

7

Explanation:

bc glcoycocypycupuvpycoxotxyo

Answer 2

Answer:

Explanation:

The schedule will be as follows -

L – 0 1 2 3 4 5 6  

SMC - 500 300 200 300 500 800  

TFC = 100 100 100 100 100 100 100 100  

TVCn = SMCn + TVCn -1 500 800 1000 1300 1800 2600  

TC = TFC + TVC - 100 600 900 1100 1400 1900 2700

AVC = TVC/Q - - 500 400 333.3 325 360 433.3

SAC = AFC + AVC – 600 450 366.67 350 380 450