# 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

 Output MC $\mathrm{TVC}=\sum \mathrm{MC}$ TFC TC=TVC+TFC 1 50 50 24 74 $\frac{74}{1}=74$ $\frac{50}{1}=50$ 2 40 90 24 114 $\frac{114}{2}=57$ $\frac{90}{2}=45$ 3 45 135 24 159 $\frac{159}{3}=53$ $\frac{135}{3}=45$

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