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OUTPUT AFC MC TC
1 72
2 10
3 20 8
4 99
5 12 10
•The value given in question are written in red colour. Solution I will write in black colour.
Q.1
OUTPUT AFC MC TC TFC TVC
1 72
2 10
3 20 8
4 99
5 12 10
•The value given in question are written in red colour. Solution I will write in black colour.
•TFC and TVC will be required to find these values. Therefore I have added two columns
more i.e. TFC and TVC.
OUTPUT AFC MC TC TFC TVC
1 72 60
2 10 60
8 60
4 99 60
5 12 10 60
•TFC= AFC × OUTPUT.
•TFC=20×3=60. and TFC remain same at all the level of output
203
OUTPUT AFC MC TC TFC TVC
1 72 60 72-60 = 12
2 10 60
3 20 8 60
4 99 60
5 12 10 60
TVC=TC-TFC.
OUTPUT AFC MC TC TFC TVC
1 12 72 60 72-60 = 12
2 10 60
3 20 8 60
4 99 60
5 12 10 60
WHEN, OUTPUT=1 : TVC=MC.
OUTPUT AFC MC TC TFC TVC
1 12 72 60 72-60 = 12
2 10 60 12+10 = 22
3 20 8 60
4 99 60
5 12 10 60
∑MC=TVC.
OUTPUT AFC MC TC TFC TVC
1 12 72 60 72-60 = 12
2 10 60+22 = 82 60 12+10 = 22
3 20 8 60
4 99 60
5 12 10 60
TC=TFC+TVC.
OUTPUT AFC MC TC TFC TVC
1 12 72 60 72-60 = 12
2 10 60+22 = 82 60 12+10 = 22
3 20 8 60 12+10+8 =
30
4 99 60
5 12 10 60
∑MC=TVC.
OUTPUT AFC MC TC TFC TVC
1 12 72 60 72-60 = 12
2 10 60+22 = 82 60 12+10 = 22
3 20 8 30+60 = 90 60 12+10+8 =
30
4 99 60
5 12 10 60
TC=TFC+TVC.
OUTPUT AFC MC TC TFC TVC
1 12 72 60 72-60 = 12
2 10 60+22 = 82 60 12+10 = 22
3 20 8 30+60 = 90 60 12+10+8 =
30
4 99 - 90 = 9 99 60
5 12 10 60
MCn =TC n – TC n-1.
OUTPUT AFC MC TC TFC TVC
1 12 72 60 72-60 = 12
2 10 60+22 = 82 60 12+10 = 22
3 20 8 30+60 = 90 60 12+10+8 =
30
4 99 - 90 = 9 99 60
5 12 10 60
MCn =TC n – TC n-1.
OUTPUT AFC MC TC TFC TVC
1 12 72 60 72-60 = 12
2 10 60+22 = 82 60 12+10 = 22
3 20 8 30+60 = 90 60 12+10+8 =
30
4 99 - 90 = 9 99 60 12+10+8+9 =
39
5 12 10 60
∑MC= TVC.
OUTPUT AFC MC TC TFC TVC
1 12 72 60 72-60 = 12
2 10 60+22 = 82 60 12+10 = 22
3 20 8 30+60 = 90 60 12+10+8 =
30
4 99 - 90 = 9 99 60 12+10+8+9 =
39
5 12 10 60 12 + 10 + 8 +
9 +10 = 49
∑MC= TVC.
OUTPUT AFC MC TC TFC TVC
1 12 72 60 72-60 = 12
2 10 60+22 = 82 60 12+10 = 22
3 20 8 30+60 = 90 60 12+10+8 =
30
4 99 - 90 = 9 99 60 12+10+8+9 =
39
5 12 10 60+49 = 109 60 12 + 10 + 8 +
9 +10 = 49
TC=TFC+TVC.
OUTPUT AFC MC TC TFC TVC
1 60÷1= 60 12 72 60 72-60 = 12
2 60÷2= 30 10 60+22 = 82 60 12+10 = 22
3 20 8 30+60 = 90 60 12+10+8 =
30
4 60÷4= 15 99 - 90 = 9 99 60 12+10+8+9 =
39
5 12 10 60+49 = 109 60 12 + 10 + 8 +
9 +10 = 49
AFC=TFC÷OUTPUT.

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cost micro economics www.eakanchha.com

  • 1. OUTPUT AFC MC TC 1 72 2 10 3 20 8 4 99 5 12 10 •The value given in question are written in red colour. Solution I will write in black colour. Q.1
  • 2. OUTPUT AFC MC TC TFC TVC 1 72 2 10 3 20 8 4 99 5 12 10 •The value given in question are written in red colour. Solution I will write in black colour. •TFC and TVC will be required to find these values. Therefore I have added two columns more i.e. TFC and TVC.
  • 3. OUTPUT AFC MC TC TFC TVC 1 72 60 2 10 60 8 60 4 99 60 5 12 10 60 •TFC= AFC × OUTPUT. •TFC=20×3=60. and TFC remain same at all the level of output 203
  • 4. OUTPUT AFC MC TC TFC TVC 1 72 60 72-60 = 12 2 10 60 3 20 8 60 4 99 60 5 12 10 60 TVC=TC-TFC.
  • 5. OUTPUT AFC MC TC TFC TVC 1 12 72 60 72-60 = 12 2 10 60 3 20 8 60 4 99 60 5 12 10 60 WHEN, OUTPUT=1 : TVC=MC.
  • 6. OUTPUT AFC MC TC TFC TVC 1 12 72 60 72-60 = 12 2 10 60 12+10 = 22 3 20 8 60 4 99 60 5 12 10 60 ∑MC=TVC.
  • 7. OUTPUT AFC MC TC TFC TVC 1 12 72 60 72-60 = 12 2 10 60+22 = 82 60 12+10 = 22 3 20 8 60 4 99 60 5 12 10 60 TC=TFC+TVC.
  • 8. OUTPUT AFC MC TC TFC TVC 1 12 72 60 72-60 = 12 2 10 60+22 = 82 60 12+10 = 22 3 20 8 60 12+10+8 = 30 4 99 60 5 12 10 60 ∑MC=TVC.
  • 9. OUTPUT AFC MC TC TFC TVC 1 12 72 60 72-60 = 12 2 10 60+22 = 82 60 12+10 = 22 3 20 8 30+60 = 90 60 12+10+8 = 30 4 99 60 5 12 10 60 TC=TFC+TVC.
  • 10. OUTPUT AFC MC TC TFC TVC 1 12 72 60 72-60 = 12 2 10 60+22 = 82 60 12+10 = 22 3 20 8 30+60 = 90 60 12+10+8 = 30 4 99 - 90 = 9 99 60 5 12 10 60 MCn =TC n – TC n-1.
  • 11. OUTPUT AFC MC TC TFC TVC 1 12 72 60 72-60 = 12 2 10 60+22 = 82 60 12+10 = 22 3 20 8 30+60 = 90 60 12+10+8 = 30 4 99 - 90 = 9 99 60 5 12 10 60 MCn =TC n – TC n-1.
  • 12. OUTPUT AFC MC TC TFC TVC 1 12 72 60 72-60 = 12 2 10 60+22 = 82 60 12+10 = 22 3 20 8 30+60 = 90 60 12+10+8 = 30 4 99 - 90 = 9 99 60 12+10+8+9 = 39 5 12 10 60 ∑MC= TVC.
  • 13. OUTPUT AFC MC TC TFC TVC 1 12 72 60 72-60 = 12 2 10 60+22 = 82 60 12+10 = 22 3 20 8 30+60 = 90 60 12+10+8 = 30 4 99 - 90 = 9 99 60 12+10+8+9 = 39 5 12 10 60 12 + 10 + 8 + 9 +10 = 49 ∑MC= TVC.
  • 14. OUTPUT AFC MC TC TFC TVC 1 12 72 60 72-60 = 12 2 10 60+22 = 82 60 12+10 = 22 3 20 8 30+60 = 90 60 12+10+8 = 30 4 99 - 90 = 9 99 60 12+10+8+9 = 39 5 12 10 60+49 = 109 60 12 + 10 + 8 + 9 +10 = 49 TC=TFC+TVC.
  • 15. OUTPUT AFC MC TC TFC TVC 1 60÷1= 60 12 72 60 72-60 = 12 2 60÷2= 30 10 60+22 = 82 60 12+10 = 22 3 20 8 30+60 = 90 60 12+10+8 = 30 4 60÷4= 15 99 - 90 = 9 99 60 12+10+8+9 = 39 5 12 10 60+49 = 109 60 12 + 10 + 8 + 9 +10 = 49 AFC=TFC÷OUTPUT.