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Question
Complete the following table :
| Output Units |
Marginal Cost Rs |
Average Variable Cost Rs | Total Cost Rs |
Average Fixed Cost Rs |
| 1 | 60 | ...... | 120 | ...... |
| 2 | ...... | ...... | 174 | ...... |
| 3 | ...... | 54 | ...... | ...... |
| 4 | 54 | ...... | ...... | 15 |
| 5 | ...... | 57 | 345 | ...... |
Fill in the Blanks
Solution
| Output Units |
Marginal Cost Rs |
Average Variable Cost Rs | Total Cost Rs |
Average Fixed Cost Rs |
| 1 | 60 | 60 | 120 | 60 |
| 2 | 54 | 57 | 174 | 30 |
| 3 | 48 | 54 | 222 | 20 |
| 4 | 54 | 54 | 276 | 15 |
| 5 | 69 | 57 | 345 | 12 |
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Cost - Average Fixed Cost
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