Sunday, May 12, 2013

Cost of Production Exercise Tabel 1




Complete the following table:

Output
Total Cost
Variable Cost
Fixed Cost
Marginal Cost
0
___
___
60
___
1
___
10
___
___
2
90
___
___
___
3
___
___
___
20
4
___
80
___
___
5
180
___
___
___
6
___
___
___
50

5 comments:

  1. total cost=variable cost + fixed cost
    variable cost=total cost-fixed cost
    fixed cost= total cost-variable cost
    marginal cost=total cost1-total cost0
    so:
    0 .. .. 60 ..
    1 70 10 60 ..
    2 90 30 60 20
    3 110 50 60 20
    4 140 80 60 30
    5 180 120 60 40
    6 230 170 60 50

    thanks sir :)

    ReplyDelete
  2. *
    total cost=variable cost + fixed cost
    variable cost=total cost-fixed cost
    fixed cost= total cost-variable cost
    marginal cost=total cost1-total cost0
    so:
    0 0 0 60 -
    1 70 10 60 70
    2 90 30 60 20
    3 110 50 60 20
    4 140 80 60 30
    5 180 120 60 40
    6 230 170 60 50

    ReplyDelete
  3. 0 60 .. 60 ..
    1 70 10 60 10
    2 90 30 60 20
    3 110 50 60 20
    4 140 80 60 30
    5 180 120 60 40
    6 230 170 60 50

    ReplyDelete
  4. ANSWER:

    O TC VC FC MC
    0 60 0 60 -
    1 70 10 60 10
    2 90 30 60 20
    3 110 50 60 20
    4 140 80 60 30
    5 180 120 60 40
    6 230 170 60 50

    ReplyDelete