Q1. Calculate TFC, TVC, AFC, AVC, AC, MC.
Quantity Produced
Total Cost (Rs.)
0
40
1
70
2
95
3
130
4
170
5
220
Answers
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Answer:
Units: 0, 1, 2, 3, 4, 5, 6;
TFC: 60, 60, 60, 60, 60, 60, 60;
AFC: ∞, 60, 30, 20, 15, 12, 10;
TVC: 0, 20, 40, 51, 56, 70, 90;
AVC: 0, 20, 20, 17, 14, 14, 15;
MC: 0, 20, 20, 11, 5, 14, 20.
Explanation:
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Calculate TFC, TVC, AFC, AVC, AC, MC
Explanation:-
TFC, TVC, AFC,AVC , AC, MC are as follows in photo
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