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Question
Complete the following table:

Output ATC AVC MC

(Units) (Rs.) (Rs.) (Rs.)

1 54 30 30

2 - 24 -

3 - - 24

4 33 - -

Aslo find the value of TFC.

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Solution Verified by Toppr

Output ATC AVC MC

(Units) (Rs.) (Rs.) (Rs.)

1 54 30 30

2 36 24 18

3 32 24 24

4 33 27 36

AT C − AV C = AF C = 54 − 30 = 24 (when output= 1)
= T F C.

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SIMILAR QUESTIONS

Q1 Complete the following table:

Output (Units) AFC (Rs.) TFC (Rs.) TVC (Rs.)

0 - 50 -
1 - - -
2 - - 18
3 - - -
4 - - 20

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Q2 Complete the following table:

Output (Units) Total Cost (Rs.) Total Variable Cos

0 12
1 18
2 21

Medium View solution >

Q3 Complete the following table:

Output AFC TFC TVC MC

0 - 50 - -

1 - - - 10

2 - - 18 -

3 - - - 6

4 - - 32 -

Medium View solution >

Q4 Complete the following table:

Output Average Fixed Cost Marginal Cost

(units) (Rs.) (Rs.)

1 60 20

2 ... ...

3 20 ...

4 ... 18

5 12 ...

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Q5 Complete the following table:

Output Total Variable Cost Average Variable Cost

(Units) (Rs.) (Rs.)

1 20 --

-- -- 16

3 54 --

-- -- 20

Medium View solution >

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