Complete the following table. | ||
Output (Units) | Average Cost (Rs) | Marginal Cost (Rs) |
1 | 12 | ...... |
2 | 10 | ...... |
3 | ..... | 10 |
4 | 10.5 | ...... |
5 | 11 | ...... |
6 | ..... | 17 |
Answer:
Output (Units)
Average Cost (TC x Q) Rs
Marginal Cost \[(T{{C}_{n}}-T{{C}_{n-1}})\] Rs
Total Cost (TC) Rs
1
12
12
12
2
10
8
20
3
10
10
30
4
10.5
12
42
5
11
13
55
6
12
17
72
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