Calculate Average Variable Cost at each level of output:Output (Units) – InterviewSolution

1.

Calculate Average Variable Cost at each level of output:Output (Units)Marginal Cost (Rs.)124220316412518630

Answer»

	Calculation of AVC
Output (Units)	MC	TVC	AVC
1	24	24	24
2	20	44	22
3	16	60	20
4	12	72	18
5	18	90	18
6	30	120	20

By adding successive unite of MC we get TVC

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