Average Fixed Cost

Total Fixed Cost

Average Total Cost

Calculate Marginal Cost and Average Variable Cost from the following cost schedule of a firm whose Total fixed Costs are ₹ 10 :

Cost|Cost Function|Opportunity Cost|Total Fixed Cost|Total Variable Cost

Cost|Cost Function|Opportunity Cost|Total Fixed Cost|Total Variable Cost

Average Variable Cost

The total cost at 5 units of output is ₹ 30 . The fixed cost is ₹ 5 . The average variable cost 5 units of output is :

Given below is the cost schedule of a firm. Its fixed cost is rs 50. Calculate average total cost and marginal cost at each given level of output.