Complete the following table: Output (Units) Total Cost (₹) Avera… - Vidyadip

Question

Complete the following table:

Output (Units)	Total Cost (₹)	Average Variable Cost (₹)	MC (₹)
1	90	-	30
2	-	27	-
3	-	-	27
4	180	30	-

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Answer

Output	TC	AVC	MC	TVC	TFC	AFC	AC
1	90	$30\big[\frac{\text{TVC}}{\text{Q}}\big]$	30	30 [MC of 1 unit]	60 [TC - TVC]	60	$90\big[\frac{\text{TC}}{\text{Q}}\big]$
2	114 [AC × Q]	27	$24\big[\frac{\Delta\text{TVC}}{\Delta\text{Q}}\Big]$	54 [AVC × Q]	60	30	578 [AVC + AFC]
3	141 [AC × Q]	$$$27\Big[\frac {\text{TVC}}{\text{Q}}\Big]$	27	81 [54 + 27]	60	20	47 [AVC + AFC]
4	180	30	$39\Big[\frac{\Delta\text{TVC}}{\Delta\text{Q}}\Big]$	120 [TC - TFC]	60	15	45

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