Question
Draw one diagram showing average total cost curve, average variable cost curve and marginal cost curve.
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| Output | TC (₹) |
| 0 | 5 |
| 1 | 15 |
| 2 | 22 |
| 3 | 27 |
| 4 | 31 |
| 5 | 38 |
| 6 | 49 |
| 7 | 63 |
| 8 | 81 |
| 9 | 101 |
| 10 | 123 |
| Output (kg) | 0 | 1 | 2 | 3 | 4 | 5 |
| Total Cost (₹) | 40 | 100 | 120 | 130 | 150 | 190 |
|
X
|
8
|
6
|
4
|
3
|
4
|
|
Y
|
9
|
7
|
4
|
4
|
6
|