Question

Complete the following table:

Output (Units)	Total Cost (Rs.)	Average Variable Cost (Rs.)	Marginal Cost (Rs.)
$0$ $1$ $2$ $3$ $4$	$60$ $140$ $190$ $240$ $300$	- - - - -	- - - - -

Answer 1

Output (Units)	$TC(Rs.)$	$TFC(Rs.)$	$TVC(Rs.)$	$AVC(Rs.)$	$MC(Rs.)$
$0$ $1$ $2$ $3$ $4$	$60$ $140$ $190$ $240$ $300$	$60$ $60$ $60$ $60$ $60$	$0$ $80$ $130$ $180$ $240$	$0$ $80$ $65$ $60$ $60$	- $80$ $50$ $50$ $60$