12th Class Economics Sample Paper Economics - Sample Paper-13

  • question_answer
    Complete the following table :                                                
    Units of Output Average Variable Cost  (AVC)(Rs.) Total Cost (TC)(Rs.) Marginal Cost    (MC)(Rs) Total Fixed Cost (TFC)(Rs)
    1 20 - - -
    2 15 - - 20
    3 20 - - -
    4 31 - - -

    Answer:

    TVC = 20, 30, 60,124; TC = 40, 50, 80, 144; MC = 20, 10, 30, 64; TFC = 20, 20, 20, 20


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