Question

to find total cost we have to __ average cost by quantity of output
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Answer 1

Answer:

Total cost equals total fixed cost plus total average cost. Average total cost is total cost per unit of output. Marginal cost depends on the amount of labour hired. Marginal cost is the increase in total cost resulting from a unit increase in output.

Answer 2

Answer:

The answer is multiply.

Explanation:

Total cost = Average cost * Output quantity

For example, the average cost of 10 chocolates is Rs. 10, then the total cost of production of 10 chocolates is Rs. 10 * 10 = Rs. 100.

Therefore,

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