Calculate total variable vost and total cost from the following cost schedule of a firm whose fixed costs are Rs- 10 - begin array -1 Whine ImathbfOutputUnits - 1 - 2 - 3 - 4 Whline Imathbf Marginal CostRs- - 6 - 5 - 4 - 6 Whline1

[ 𝐎𝐮𝐭𝐩𝐮𝐭(𝐔𝐧𝐢𝐭𝐬) amp; 𝐌𝐚𝐫𝐠𝐢𝐧𝐚𝐥 𝐂𝐨𝐬𝐭(𝐑𝐬.) amp; 𝐓𝐨𝐭𝐚𝐥 𝐅𝐢𝐱𝐞𝐝 𝐂𝐨𝐬𝐭(𝐑𝐬.) amp; 𝐓𝐨𝐭𝐚𝐥 𝐕𝐚𝐫𝐢𝐚𝐛𝐥𝐞 𝐂𝐨𝐬𝐭(𝐑𝐬.) amp; 𝐓𝐨𝐭𝐚𝐥 𝐂𝐨𝐬𝐭(𝐑𝐬.); ...

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Byju's Answer

Standard XI

Economics

Short Run Average and Marginal Costs

Calculate tot...

Question

Calculate total variable vost and total cost from the following cost schedule of a firm whose fixed costs are Rs. 10.

$\begin{matrix} O u t p u t (U n i t s) & 1 & 2 & 3 & 4 M a r g i n a l C o s t (R s .) & 6 & 5 & 4 & 6 \end{matrix}$

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Solution

$\begin{matrix} O u t p u t (U n i t s) & M a r g i n a l C o s t (R s .) & T o t a l F i x e d C o s t (R s .) & T o t a l V a r i a b l e C o s t (R s .) & T o t a l C o s t (R s .) 1 & 6 & 10 & 6 & 16 2 & 5 & 10 & 11 & 21 3 & 4 & 10 & 15 & 25 4 & 6 & 10 & 21 & 31 \end{matrix}$

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Calculate Total Variable Cost and Marginal Cost from the following cost schedule of a firm whose Total Fixed Costs are Rs. 12 :

$\begin{matrix} Output (Units) & 1 & 2 & 3 & 4 Total cost (Rs) & 20 & 26 & 31 & 38 \end{matrix}$

Following information is given about a firm.

$\begin{matrix} O u t p u t (U n i t s) & 0 & 1 & 2 & 3 & 4 & 5 & 6 T o t a l C o s t (R s .) & 400 & 550 & 660 & 790 & 940 & 1, 150 & 1, 460 \end{matrix}$

Find out
(i) the average fixed cost of producing 4 units.
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(iii) the least average cost level of output.
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Q. Given below is the cost schedule of a firm. Its total fixed cost is

R s . 100

. Calculate average variable cost and marginal cost at each given level of output.

Output (Units)	$1$	$2$	$3$	$4$
Total Cost (Rs.)	$350$	$450$	$610$	$820$

Total fixed costs of a firm are Rs. 100. Its average variable cost at different levels of output is given. Calculate total cost and marginal cost at each level of output.

$\begin{matrix} Output (units) & 1 & 2 & 3 & 4 Average Variable Cost (Rs) & 60 & 56 & 60 & 64 \end{matrix}$

Fixed costs of a firm are Rs. 30. Its total variable cost at different levels of output is given below. Calculate total cost and marginal cost at each level of output.

$\begin{matrix} Output (units) & 1 & 2 & 3 & 4 Total Variable Cost (Rs) & 20 & 38 & 60 & 86 \end{matrix}$

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Calculate total variable vost and total cost from the following cost schedule of a firm whose fixed costs are Rs. 10. Output(Units)1234Marginal Cost(Rs.)6546

Output(Units)MarginalCost(Rs.)Total Fixed Cost(Rs.)TotalVariableCost(Rs.)Total Cost(Rs.)1610616251011213410152546102131

Calculate total variable vost and total cost from the following cost schedule of a firm whose fixed costs are Rs. 10.

$\begin{matrix} O u t p u t (U n i t s) & 1 & 2 & 3 & 4 M a r g i n a l C o s t (R s .) & 6 & 5 & 4 & 6 \end{matrix}$

$\begin{matrix} O u t p u t (U n i t s) & M a r g i n a l C o s t (R s .) & T o t a l F i x e d C o s t (R s .) & T o t a l V a r i a b l e C o s t (R s .) & T o t a l C o s t (R s .) 1 & 6 & 10 & 6 & 16 2 & 5 & 10 & 11 & 21 3 & 4 & 10 & 15 & 25 4 & 6 & 10 & 21 & 31 \end{matrix}$