Average Total Cost

A firm is operating with a Total Variable cost of Rs 500 when 5 units of the given output are produced and the Total Fixed Costs are Rs 200, what will be the Average Total Cost of producing 5 units of output ? (i) Rs 140 (ii) Rs 100 (iii) Rs 120 (iv) Rs 300

A firm's Average Fixed Cost of producing 2 units of a good is ₹ 9 and given below is its total cost schedule. Calculate its Average Variable Cost and Marginal Cost for each of the given level of output :

Average Fixed Cost

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