VII Answer the following questions in 20 sentences
1. Explain the various short run costs with the help of a table.
The various short run costs are Total Cost Total Fixed Cost Total Variable Cost. A
Cost. Iverage Fixed Cost. Average Variable Cost, and Marginal Cost. The following
shows the various types of short run costs
The TFC, TVC, TC ATC, AVC, AC and MC is shown in table as follows:
output:
0
1
2
3
4
5
6
TFC:
100
100
100
100
100
100
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answer:
explanation!?!?!?
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