Calculate (i) Total variable cost and (ii) Marginal cost from the following :

$\begin{matrix} Output (units) & 0 & 1 & 2 & 3 & 4 TC (Rs) & 40 & 60 & 78 & 97 & 124 \end{matrix}$

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Solution

$\begin{matrix} Output & 0 & 1 & 2 & 3 & 4 TC & 40 & 60 & 78 & 97 & 124 TFC & 40 & 40 & 40 & 40 & 40 TVC & 0 & 20 & 38 & 57 & 84 MC & - & 20 & 18 & 19 & 27 \end{matrix}$

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Calculate (i) Total variable cost and (ii) Marginal cost from the following : Output (units)01234TC (Rs)40607897124

Output01234TC40607897124TFC4040404040TVC020385784MC−20181927

Calculate (i) Total variable cost and (ii) Marginal cost from the following :

$\begin{matrix} Output (units) & 0 & 1 & 2 & 3 & 4 TC (Rs) & 40 & 60 & 78 & 97 & 124 \end{matrix}$

$\begin{matrix} Output & 0 & 1 & 2 & 3 & 4 TC & 40 & 60 & 78 & 97 & 124 TFC & 40 & 40 & 40 & 40 & 40 TVC & 0 & 20 & 38 & 57 & 84 MC & - & 20 & 18 & 19 & 27 \end{matrix}$