Question

4:55 Done 2 of 2

Answer 1

1. Ans:

Quantity	TC	FC	VC
0	5.00	5.00	0
1	5.50	5.00	0.50
2	6.50	5.00	1.50
3	8.00	5.00	3.00
4	10.00	5.00	5.00
5	12.50	5.00	7.50
6	15.50	5.00	10.50
7	19.00	5.00	14.00
8	23.00	5.00	18.00
9	27.50	5.00	22.50
10	32.50	5.00	27.50

36.00 TC, FC & VC + 0.00 8 10 12 QUANTITY

Explanation:

TC = FC + VC

Fixed cost is available even at zero level of production and remains constant throughout the production process.

There is no variable cost at zero level of output. Variable cost varies with production.

2. Ans:

Quantity	ATC	AVC	AFC
0	--	--	--
1	5.50	0.50	5.00
2	3.25	0.75	2.50
3	2.67	1.00	1.67
4	2.50	1.25	1.25
5	2.50	1.50	1.00
6	2.58	1.75	0.83
7	2.71	2.00	0.71
8	2.88	2.25	0.63
9	3.06	2.50	0.56
10	3.25	2.75	0.50

ATC, AVC & AFC UNITI LILILLI IIIIIIIIIIII IIIIIIIIIIIIIIIIIIIIIIIIII UNTITUT ATC 3 "AFC TTTIIIIIII 0 1 2 3 4 7 8 9 10 11 5 6 QUANTITY

Explanation:

ATC = TC / Q

AFC = FC / Q

AVC = VC / Q