Solve it
Q6. Complete the table :
Dear Student,
In this question, we have to first find TFC with the help of AFC which is AFC* level of output. And TFC remains constant at every stage , so we can calculate AFC at every level. And MC is the additional unit manufactured so it is TCN-TCN-1.
Regards
output | AFC | TFC | MC | TC |
1 | 40 | 40 | 20 | 20 |
2 | 20 | 40 | 50 | 70 |
3 | 13.33 | 40 | 20 | 90 |
4 | 10 | 40 | 30 | 120 |
5 | 8 | 40 | 40 | 160 |
Regards