Complete the following table: Output (Units) Average Variable Cos… - Vidyadip

Question

Complete the following table:

Output (Units)	Average Variable Cost (₹)	Total Cost (₹)	Marginal Cost (₹)
1	-	60	20
2	18	-	-
3	-	-	18
4	20	120	-
5	22	-	-

✓

Answer

OutPut	AVc	TC	MC	TVC	TFC	AFC	AC
1	$20\big[\frac{\text{TVC}}{\text{Q}}\big]$	60	20	20 [Mc of 1 unit]	40 [TC - TVC]	40	$60\big[\frac{\text{TC}}{\text{Q}}\big]$
2	18	76 [AC × Q]$$	$16\big[\frac{\Delta\text{TVc}}{\Delta\text{Q}}\big]$	36 [AVC × Q]	40	20	38 [AVC + AFC]
3	$18\big[\frac{\text{TVC}}{\text{Q}}\big]$	93.9 [AC × Q]	18	54 [36 + 18]	40	13.3	31.3
4	20	120	$26\big[\frac{\Delta\text{TVC}}{\Delta\text{Q}}\big]$	80 [TC - TFC]	40	10	30 [AVC + AFC]
5	22	150 [AC × Q]	$30\big[\frac{\Delta\text{TVC}}{\Delta\text{Q}}\big]$	110 [TC - TFC]	40	8	30 [AVC + AFC]

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