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You are starting a fast-food restaurant.

Your Rent which a fixed cost is Rs 100


Your variable cost are wages per worker Rs 10 and raw material for Rs 1 per unit of production
Complete the following table

AFC = total fixed


workers Production Total fixed cost Total Variable cost Total Cost
cost/production
0 0
1 55
2 120
3 190
4 200
5 210
6 215
7 218
nit of production

AVC = total variable ATC = total change in MC = change in TC/change


change in TC
cost/production cost/prodution production in production
Complete the table
Output TVC TFC TC AVC AFC ATC MC
0 100
1 25
2 20
3 53.3
4 17.5
5 90
6 30
7 265
8 41.3
9 35
10 425

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