The total fixed cost of production ats
Units of output is Rs. lo and the total
Nariable cast is R • 40 find out the total
Cast of production.
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Explanation:
TC = ATC X Q
= 40 X 20
= Rs. 800
TVC = AVC X Q
=37 X 20
= Rs. 740
TFC = 800 - 740
= Rs. 60
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