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

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsProduction and cost3 Marks
Question
Complete the following table:

Output

(Units)

Total variable cost

(Rs.)

Average variable cost

(Rs.)

Marginal cost

(Rs.)
1 10 - -
- - 8 6
3 27 - -
- - 10 13
✓

Answer

Output

(Units)

TVC

(Rs.)

AVC

(Rs.)

M.C.

(Rs.)
1 10 10 10
2 16 8 6
3 27 9 11
4 40 10 12

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