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

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.

The following table shows the marginal cost at different level of output by a firm . Its total fixed cost is rs 120, Find its average total cost and average variable cost at each level of output: