Define ,, TC , MC , AC ...
Answers
Answered by
17
Heya.....
See here for your answer.....
"" TC stands for TOTAL COST
It is the total expenditure incurred by producer on the variable actor as well as fixed factor....
"" MC stands for MARGINAL COST
It is the change in total cost when one more unit is to be produced....
"" AC stands for AVERAGE COST
It is the cost per unit of output produced.....It is get by dividing total cost by no of units....
-- Be Brainly...
See here for your answer.....
"" TC stands for TOTAL COST
It is the total expenditure incurred by producer on the variable actor as well as fixed factor....
"" MC stands for MARGINAL COST
It is the change in total cost when one more unit is to be produced....
"" AC stands for AVERAGE COST
It is the cost per unit of output produced.....It is get by dividing total cost by no of units....
-- Be Brainly...
IASnew:
right
everyone is right then who is wrong
Answered by
11
HEY BRO HERE IS YOUR ANSWER
TC MEANS TOTAL COST
MC MEANS MARGINAL COST
AND
AC MEANS AVERAGE COST
TC=TC IS THE ACTUAL COST THAT INCUREED IN THE REPRODUCTION OF THE OUTPUT
AND
MC=MC IS THE INCRESE OR DECREASE OF PRODUCTION IN ONE MORE UNIT....called as MC
HOPE YOU UNDERSTAND....
TC MEANS TOTAL COST
MC MEANS MARGINAL COST
AND
AC MEANS AVERAGE COST
TC=TC IS THE ACTUAL COST THAT INCUREED IN THE REPRODUCTION OF THE OUTPUT
AND
MC=MC IS THE INCRESE OR DECREASE OF PRODUCTION IN ONE MORE UNIT....called as MC
HOPE YOU UNDERSTAND....
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