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प्रश्न
The following table shows the total cost schedule of a firm. What is the total fixed cost schedule of this firm?
Calculate the TVC, AFC, AVC, SAC and SMC schedules of the firm.
|
L |
TPL |
|
0 |
10 |
|
1 |
30 |
|
2 |
45 |
|
3 |
55 |
|
4 |
70 |
|
5 |
90 |
|
6 |
120 |
उत्तर
|
Q (units) |
TC (Rs) |
TFC = TC − TVC 10 = 10 − 0 (Rs) |
TVC = TC − TFC (Rs) |
`"AFC"="TFC"/Q` (Rs) |
`"AVC"="TVC"/Q` (Rs) |
SAC = AFC + AVC (Rs) |
SMC = TCn − TCn−1 (Rs) |
|
0 |
10 |
10 |
10 − 10 = 0 |
− |
− |
− |
− |
|
1 |
30 |
10 |
30 − 10 = 20 |
`10/1=10` |
`20/1=20` |
20 + 10 = 30 |
30 − 10 = 20 |
|
2 |
45 |
10 |
45 − 10 = 35 |
`10/2=5` |
`35/2=17.5` |
17.5 + 5 = 22.5 |
45 − 30 = 15 |
|
3 |
55 |
10 |
55 −10 = 45 |
`10/3=3.33` |
`45/3=15` |
15 + 3.33 = 18.33 |
55 − 45 = 10 |
|
4 |
70 |
10 |
70 − 10 = 60 |
`10/4=2.5` |
`60/4=15` |
15 + 2.5 = 17.5 |
70 − 55 = 15 |
|
5 |
90 |
10 |
90 − 10 = 80 |
`10/5=2` |
`80/5=16` |
16 + 2 = 18 |
90 − 70 = 20 |
|
6 |
120 |
10 |
120 − 10 = 110 |
`10/6=1.66` |
`110/6=18.33` |
18.33 + 1.66 = 19.99 |
120 − 90 = 30 |
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संबंधित प्रश्न
Define marginal cost.
From the following information about a firm, find the firm's equilibrium output in terms of marginal cost and marginal revenue. Give reasons. Also, find profit at this output.
| Output (units) | Total Revenue (Rs) |
Total Cost (Rs) |
| 1 | 8 | 10 |
| 2 | 16 | 18 |
| 3 | 24 | 23 |
| 4 | 32 | 31 |
| 5 | 40 | 41 |
Why is the short run marginal cost curve ‘U’-shaped?
What do the long run marginal cost and the average cost curves look like?
The following table gives the total cost schedule of a firm. It is also given that the average fixed cost at four units of output is Rs 5/-. Find the TVC, TFC, AVC, AFC, SAC and SMC schedules of the firm for the corresponding values of output.
|
L |
TPL |
|
1 |
50 |
|
2 |
65 |
|
3 |
75 |
|
4 |
95 |
|
5 |
130 |
|
6 |
185 |
Calculate Total variable cost and Marginal cost from the data given below.
| Output (units) | 0 | 1 | 2 | 3 |
| Total cost | 40 | 60 | 78 | 97 |
Given that the fixed cost is Rs. 30. Calculate TVC and TC from the following data:
| Output (units) | 0 | 1 | 2 | 3 |
| Marginal Cost | 0 | 10 | 15 | 25 |
