Show
Solution Output(Units)TC(Rs.)TFC(Rs.)TVC(Rs.)AFC(Rs.)AVC(Rs.)AC(Rs.)MC(Rs.)04004000∞0∞−155040015040015055015026604002602001303301103790400390133.33130263.33130494040054010013523515051,1504007508015023021061,4604001,06066.67176.66243.33310 (i) Average fixed cost of producing 4 units =Rs. 100. (ii) Average variable cost of producing 5 units = Rs. 150. (iii) The least average cost of level of output = 5 units. (iv) Marginal cost of producing 3rd unit = Rs. 130. (v) Total variable cost of producing 6 units = Rs. 1,060.What is the average variable cost of producing 4 units of output?Q = output and TC = total cost. The average variable cost of producing four units of output is $16.8.
What will be the AFC of 4 units of output?Average fixed cost at 44th unit = 120/4=30.
What is the average fixed cost of producing 5 units of output?Here, the fixed cost of 5 units of output is $20 and we know that the average fixed cost is the ratio of the fixed cost and units of output product. That is, AFC = $20/5 which is $4.
What is the formula for fixed cost?Take your total cost of production and subtract your variable costs multiplied by the number of units you produced. This will give you your total fixed cost.
|
When a firm produces 4 units of output Its total cost is 40 and total variable cost is 20 calculate average fixed cost?
zusammenhängende Posts
Urheberrechte © © 2024 WIKIFI Inc.
