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A Firm’S Average Fixed Cost, When It Produces 2 Units, is Rs 30. Its Average Total Cost Schedule is Given Below. Calculate Its Marginal Cost and Average Variable Cost at Each Level of Output. - Economics

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प्रश्न

A firm’s average fixed cost, when it produces 2 units, is Rs 30. Its average total cost schedule is given below. Calculate its marginal cost and average variable cost at each level of output.  

Output (units)

1

2

3

Average Total Cost (Rs)

80

48

40 

उत्तर

  Output

Average 

Total Cost

Average

Fixed Cost

Total 

Fixed Cost

Average 

Variable Cost

Total 

Variable Cost

Total 

Cost

Marginal

Cost

 

(ATC)

(AFC)

(TFC)

(AVC)

(TVC)

(TC)

(MC)

1

80

60

60

20

20

80

2

48

30

60

18

36

96

16

3

40

20

60

20

60

120

24

 

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Cost - Average Fixed Cost
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2009-2010 (March) All India Set 1
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