Question
Complete the following table:
Output (units) Total Cost ₹ Average Variable Cost ₹ Marginal Cost ₹ Average Fixed Cost ₹
0 30      
1 .... .... 25 30
2 78 .... .... ....
3 .... 23 .... 10
4 .... .... 23 ....
5 150 .... .... 6

Answer

Output Total cost AVC MC AFC
0 30 - - -
1 55 25 25 30
2 78 24 23 15
3 99 23 21 10
4 122 23 23 7.5
5 150 24 28 6

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