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Production and cost — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsProduction and cost4 Marks
Question
Complete the following table:
Output (units) Average Fixed Cost (AFC) (₹) Marginal Cost (MC) (₹) Total Cost (TC) (₹)
1 __ __ 72
2 __ 10 82
3 20 8 __
4 __ __ 99
5 12 10 __
✓

Answer

Output (Q) (units)
TFC (₹) (AFC × Q)
AFC (₹) $\Big(\frac{\text{TFC}}{\text{Q}}\Big) $
TVC (₹) (AVC × Q)
MC (₹) (TVCn - TVCn - 1)
TC (₹) (TFC + TVC)
1
60
60
12
12
72
2
60
30
22
10
82
3
60
20
30
8
90
4
60
15
39
9
99
5
60
12
49
10
109

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