# Complete the Following Table: Output (Units) Average Fixed Cost (Rs ) Marginal Cost (Rs ) Average Variable Cost (Rs ) Average Cost (Rs ) - Economics

Complete the following table:

 Output(Units) Average Fixed Cost(Rs ) Marginal Cost(Rs ) Average Variable Cost(Rs ) Average Cost(Rs ) 0 30 1 ... ... 30 2 78 ... ... ... 3 ... 23 ... 10 4 ... ... 23 ... 5 150 ... ... 6

#### Solution

 Output(Units) TC() AVC() AVC = "TVC"/Q MC() MC = TVCn - TVCn-1 AFC() AFC = "TFC"/Q TFC TVC 0 30 1 55 25 25 3 30 25 2 78 24 23 15 30 48 3 99 23 21 10 30 69 4 122 23 23 7.5 30 92 5 150 24 28 6 30 120
Concept: Basic Concepts of Cost
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