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Production and cost — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsProduction and cost4 Marks
Question
Complete the following table:
Output

(Units)		 Total variable cost

(Rs.)		 Average variable cost

(Rs.)		 Marginal cost

(Rs.)
1 - 12 -
2 20 - -
- - 10 10
4 40 - -
✓

Answer

Output

(Units)		 TVC

(Rs.)		 AVC

(Rs.)		 M.C.

(Rs.)
1 12 12 12
2 20 10 8
3 30 10 10
4 40 10 10

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