Question

how do we calculate TVC

Answer 1

TVC=total variable cost =AVC*output

Answer 2

the ans is Calculating Cost
Average Total Cost (ATC) = Total Cost / Q (Output is quantity produced or 'Q')
Average Variable Cost (AVC) = Total Variable Cost / Q.
Average Fixed Cost (AFC) = ATC – AVC.
Total Cost (TC) = (AVC + AFC) X Output (Which is Q)
Total Variable Cost (TVC) = AVC X Output.
Total Fixed Cost (TFC) = TC – TVC.
then tvc=tc-tfc.

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