Economy, asked by ammaraliazmi, 8 months ago

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

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Answered by tanu2418

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.

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Answered by sravankumarssk99

Answer:

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