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 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

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