Assuming that the total fixed cost is Rs 24, complete the following table.

Output (units) ATC (Rs) AVC (Rs) MC(Rs) 1 50 2 40 3 45

Question

Assuming that the total fixed cost is Rs 24, complete the
following table
Output (units) ATC (Rs) AVC (Rs) MC(Rs) 1 50 2 40 3 45

Vanita Rana · Accepted Answer

Output
MC
TVC=∑MC
TFC
TC=TVC+TFC
ATC =TCQ
AVC =TVCQ

1
50
50
24
74
741=74
501=50

2
40
90
24
114
1142=57
902=45

3
45
135
24
159
1593=53
1353=45