how to find average variable cost and marginal cost if output and total cost are given - Economics - Production and Costs

Question

how to find average variable cost and marginal cost if output and
total cost are given ?

Vaishali Nebhwani · Accepted Answer

Dear student,

By applying following formulae you can find average variable cost
& marginal cost

Average variable cost = Total Variable cost / No of units
Marginal cost = Change in cost / change in unit

For example:

Output
0
1
2
3
4

Total Cost
10
12
18
27
35

Fixed cost
10
10
10
10
10

Variable cost ( TC - FC)
0
2
6
9
8

Average Variable Cost
0
2
3
3
2

Marginal cost
0
2
6
9
8

Regards

how to find average variable cost and marginal cost if output and total cost are given ?