Solve it and tell how to calculate afc and tfc.
Output | TC | MC | AFC | TFC (AFC * Output) |
1 | 20 | 20 | 40 | 40 |
2 | 70 | (70-20) = 50 | 20 | 40 |
3 | 90 (50 + 20) | 20 | 13.33 | 40 |
4 | 120 (90+30) | 30 | 10 | 40 |
5 | 160 | 40 | 8 | 40 |
Output | TC | MC | AFC | TFC (AFC * Output) |
1 | 20 | 20 | 40 | 40 |
2 | 70 | (70-20) = 50 | 20 | 40 |
3 | 90 (50 + 20) | 20 | 13.33 | 40 |
4 | 120 (90+30) | 30 | 10 | 40 |
5 | 160 | 40 | 8 | 40 |