1.

Calculate the weekly TC and AVC from the following particlars:

Answer» Correct Answer - `TC = ₹ 12,300; AVC = ₹ 119`
`TC = TVC + TFC`
`TVC =` Raw material used + Power (Number of workers `xx` Weekly wage )
`TVC = 1,600 + 300 + (50 xx 200) = ₹ 11,990`
`FC = "Weekly rent of shed" = ₹ 400`
`TC= 11,900 + 400 = ₹ 12,300`
`AVC = TVC ÷ "Units produced" = 11,900 ÷ 100 = ₹ 119`
Ans. `TC = ₹ 12,300, AVC = ₹ 119`


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