The cost schedule of a firm is given as :

In the given case, average variable cost at `3^(rd)` level of output will be :

Calculate average variable cost at each level of output :

Cost schedule is given as : In the given case, marginal cost at 4th level of output will be :

The cost schedule of a firm, whose total fixed cost is ₹ 12 , is given as : In the given case, total cost at 2^(nd) level of output will be :

A firm producing 6 units of output has average total cost ₹ 150 and has to pay ₹ 240 to its fixed factors of production. In the given case, average variable cost at 6 units of output will be :

A firm's average fixed cost, when it produces 2 units, is ₹ 30 . Its average total cost schedule is given below. Calculate its marginal cost and average variable cost at each level of output.

The table given below shows the total cost of a firm at different levels of output. Calculate marginal cost and average variable cost at each level of output.