RELATIONSHIP BETWEEN TC, TFC AND TVC

Find TFC and TVC .

Calculate TFC, TVC, ATC, AFC, AVC and MC :

Draw TFC and TVC curves.

Nishant, Tavieen and Manas are confused with the formula for deriving TC: • Nishant says: TC = TVC + TFC • Tavleen says: TC = AC xx "Output" • Manas says: TC = sumMC + TFC Identify who amongst them is correct.

Calculate TFC, TVC, AFC, AVC and MC.

Calculate TFC, TVC, AVC, AFC, AC and MC.

From the following data, detemine the values of TFC, TVC, AC, AVC and AFC :

Given that the fixed cost is Rs. 12, calculate TVC, TC and AVC from the following :

The following table gives the total cost schedule of firm. It is also given that the average fixed cost at 4 units of output is ₹ 5 . Find the TVC, TFC, AVC, AFC, SAC and SMC schedules of the firm for the corresponding values of output.