related show with the use of schedule table and graph Q12. Complete the following table, Marginal Cost Output (units) Total Cost TC (Rs.) Average Fixed Cost AFC(Rs.) Average Variable Cost AVC(Rs) MC (Rs.) 0 36 18 14 1 2. 3 4 16 24
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Explanation:
Question 3
(Marks: 10)
Complete the table below:
Output
Total Cost
Marginal
(TC)
Cost (MC)
Average
Fixed Cost
(AFC)
-
Average
Average
Total Cost
Variable Cost
(AC)
(AVC)
-
-
150
0
A
350
50
C
B
75
50
200
175
E
D
100
50
35
385
3
1
2
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