From the following data on the cost of production of a firm calculate TFC,AFC,TVC, AVC and MC:

Output(kg) 0 1 2 3 4 5 6
TC(Rs.) $60$ $80$ $100$ $111$ $116$ $130$ $150$

Open in App

Solution

Units: $0,$ $1,$ $2,$ $3,$ $4,$ $5,$ $6$ ;
TFC: $60,$ $60,$ $60,$ $60,$ $60,$ $60,$ $60$ ;
AFC: $\infty,$ $60,$ $30,$ $20,$ $15,$ $12,$ $10$ ;
TVC: $0,$ $20,$ $40,$ $51,$ $56,$ $70,$ $90$ ;
AVC: $0,$ $20,$ $20,$ $17,$ $14,$ $14,$ $15$ ;
MC: $0,$ $20,$ $20,$ $11,$ $5,$ $14,$ $20$ .

Suggest Corrections

Similar questions

Q. The following table shows the total cost schedule of a firm. What is the total fixed cost schedule of this firm? Calculate the TVC, AFC, AVC, SAC and SMC schedules of the firm.

Q	0	1	2	3	4	5	6
TC	10	30	45	55	70	90	120

Q. The following table gives the total cost schedule of a firm. It is also given that the average fixed cost at 4 units of output is Rs. 5. Find the TVC, TFC, AVC, AFC, SAC and SMC schedules of the firm for the corresponding values of output.

Q	1	2	3	4	5	6
TC	50	65	75	95	130	185

The following table gives the total cost schedule of a firm. It is also given that the average fixed cost at 4 units of output is Rs. 5. Find the TVC, TFC, AVC, AFC, SAC and SMC schedules of the firm for the corresponding values of output.

$\begin{matrix} Q & 1 & 2 & 3 & 4 & 5 & 6 T C & 50 & 65 & 75 & 95 & 130 & 185 \end{matrix}$

The following table gives the total cost schedule of a firm. It is also given that the average fixed cost at 4 units of output is Rs 5/-. Find the TVC, TFC, AVC, AFC, SAC and SMC schedules of the firm for the corresponding values of output.

L	TP_L
1	50
2	65
3	75
4	95
5	130
6	185

Q. Complete the following table:

Output (Units)	AFC (Rs.)	TFC (Rs.)	TVC (Rs.)	MC (Rs.)
$0$ $1$ $2$ $3$ $4$	- - - - -	$50$ - - - -	- - $18$ - $20$	- $10$ - $6$ -

Join BYJU'S Learning Program

From the following data on the cost of production of a firm calculate TFC,AFC,TVC, AVC and MC: Output(kg)0123456TC(Rs.)6080100111116130150

Units: 0, 1, 2, 3, 4, 5, 6;TFC: 60, 60, 60, 60, 60, 60, 60;AFC: ∞, 60, 30, 20, 15, 12, 10; TVC: 0, 20, 40, 51, 56, 70, 90; AVC: 0, 20, 20, 17, 14, 14, 15; MC: 0, 20, 20, 11, 5, 14, 20.

From the following data on the cost of production of a firm calculate TFC,AFC,TVC, AVC and MC:

Output(kg) 0 1 2 3 4 5 6
TC(Rs.) $60$ $80$ $100$ $111$ $116$ $130$ $150$

Units: $0,$ $1,$ $2,$ $3,$ $4,$ $5,$ $6$ ;
TFC: $60,$ $60,$ $60,$ $60,$ $60,$ $60,$ $60$ ;
AFC: $\infty,$ $60,$ $30,$ $20,$ $15,$ $12,$ $10$ ;
TVC: $0,$ $20,$ $40,$ $51,$ $56,$ $70,$ $90$ ;
AVC: $0,$ $20,$ $20,$ $17,$ $14,$ $14,$ $15$ ;
MC: $0,$ $20,$ $20,$ $11,$ $5,$ $14,$ $20$ .