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.) $350$ $450$ $610$ $820$

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Solution

Output (Units) $T C (R s .)$ $T F C (R s .)$ $T V C (R s .)$ $A V C (R s .)$ $M C (R s .)$
$1$
$2$
$3$
$4$ $350$
$450$
$610$
$820$ $100$
$100$
$100$
$100$ $250$
$350$
$510$
$720$ $250$
$175$
$170$
$180$ $250$
$100$
$160$
$210$

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

Output (Units)	$T C (R s .)$	$T F C (R s .)$	$T V C (R s .)$	$A V C (R s .)$	$M C (R s .)$
$1$ $2$ $3$ $4$	$350$ $450$ $610$ $820$	$100$ $100$ $100$ $100$	$250$ $350$ $510$ $720$	$250$ $175$ $170$ $180$	$250$ $100$ $160$ $210$

Given below is the cost schedule of a firm. Its total fixed cost is Rs.100. Calculate average variable cost and marginal cost at each given level of output.Output (Units)1234Total Cost (Rs.)350450610820

Output (Units) TC(Rs.) TFC(Rs.) TVC(Rs.) AVC(Rs.) MC(Rs.)1234350450610820 100100100100250350510720 250 175 170 180 250 100 160 210

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.) $350$ $450$ $610$ $820$

Output (Units) $T C (R s .)$ $T F C (R s .)$ $T V C (R s .)$ $A V C (R s .)$ $M C (R s .)$
$1$
$2$
$3$
$4$ $350$
$450$
$610$
$820$ $100$
$100$
$100$
$100$ $250$
$350$
$510$
$720$ $250$
$175$
$170$
$180$ $250$
$100$
$160$
$210$