Question

if AFC of one unit of production is Rs60. find TC TVC TFC AVC AFC ATC MC

Answer 1

Answer:

The AFC is the fixed cost per unit of output, and AVC is the variable cost per unit of output. In the case of Bob's Bakery, we said earlier that the firm can produce 100 loaves with FC = 40, VC = 500, and TC = 540. Therefore, ATC = TC/Q = 540/100 = 5.4. Also, AFC = 40/100 = 0.4 and AVC = 500/100 = 5.

Explanation:

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Answer 2

Answer:

Answer is in the image

Explanation: