Complete the following table
output (units) tc (rs) avc (rs) mc (rs)
1 90 30
2 27
3 27
4 180 30
Re-writing the question
Output (Units) |
Total Cost (Rs) | Average Variable Cost (Rs) | Marginal Cost (Rs) |
1 | 90 | - | 30 |
2 | - | 27 | - |
3 | - | - | 27 |
4 | 180 | 30 | - |
Output (Units) |
Total Cost (Rs) | Average Variable Cost (Rs) | Marginal Cost (Rs) | TVC | TFC |
1 | 90 | 30 same as MC | 30 | 301=30 | 90-30=60 |
2 | 60+54 = 114 | 27 | 114-90=24 | 272=54 | 60 |
3 | 114+27= 141 | 81/3 = 27 | 27 | 141-60=81 | 60 |
4 | 180 | 30 | 180-141=39 |
304=120 | 60 |