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Depriciable Cost

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

State the relationship between : (a) Marginal cost and average variable cost : (b) Total cost and marginal cost.

Given the fixed costs is ₹ 20 , calculate : (a) Total Variable Cost and (b) Total Cost from the following

From the data diven below, calculate the (i) average fixed cost, (ii) average variable cost and (iii) marginal cost.