Wednesday, September 27, 2017

NUMERICAL PROBLEMS OF COST CONCEPTS.

9. TFC IS GIVEN =100
OUTPUT
TC
TVC
TC
AVC
SAC
0
--




1
500




2
300




3
200




4
300




5
500




6
800





10. Calculate AFC,AVC,ATC, & MC, What is the TFC of the firm
OUTPUT
TC
AFC
AC
ATC
MC
TFC
0
40





1
120





2
170





3
180





4
210





5
260





6
340





7
440





8
550






   11. Calculate AFC of 4 unit, AVC of 5 unit, The least AC of output, MC of producing unit 3, TVC of unit 6.
OUTPUT
TC
AFC
AC
ATC
MC
TFC

400





1
550





2
660





3
790





4
940





5
1150





6
1460





12. The following table shows the MC at different level of output by a firm , Its TFC is Rs. 120/- . Find ATC and AVC at each level of output: -

OUTPUT
TC
1
40
2
30
3
26

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