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Production and cost — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsProduction and cost6 Marks
Question
Complete the following table:
Output (units) Average Fixed Cost ₹ Marginal Cost ₹ Average Variable Cost ₹ Average Cost ₹
1 60 20 .... ....
2 .... .... 19 ....
3 20 .... 18 ....
4 .... 18 .... ....
5 12 .... .... 31
✓

Answer

Output (units) Average Fixed Cost ₹ Marginal Cost ₹ Average Variable Cost ₹ Average Cost ₹
1 60 20 20 80
2 30 18 19 49
3 20 16 18 38
4 15 18 18 33
5 12 23 19 31

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