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Class 12
Micro Economics
Production and Costs
the following table shows the total cost schedule...

Question:
The following table shows the total cost schedule of a firm. What is the total fixed cost schedule of this firm? Calculate the TVC, AFC, AVC, SAC and SMC schedules of the firm.

Answer:

Q (units)	TC (Rs )	TFC = TC - TVC 10 = 10 - 0 (Rs)		TVC = TC - TFC (Rs)	(Rs)	(Rs)		SAC = AFC + A VC (Rs)		SMC = TCn - TCn - 1 (Rs)
0	10	10	10 - 10 = 0		-	-		-		-
1	30	10			30 - 10 = 20		20 + 10 = 30		30 - 10 = 2 0
2	45	10			45 - 10 = 35		17.5 + 5 = 22.5		45 - 30 = 1 5
3	55	10			55 - 10 = 45		15 + 3.33 = 18.33		55 - 45 = 1 0
4	70	10			70 - 10 = 60		15 + 2.5 = 17.5		70 - 55 = 1 5
5	90	10			90 - 10 = 80		16 + 2 = 18		90 - 70 = 2 0
6	120	10			120 - 10 = 11 0		18.33 + 1.66 = 1 9.99		120 - 90 = 30

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Question:
The following table shows the total cost schedule of a firm. What is the total fixed cost schedule of this firm? Calculate the TVC, AFC, AVC, SAC and SMC schedules of the firm.

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Question: The following table shows the total cost schedule of a firm. What is the total fixed cost schedule of this firm? Calculate the TVC, AFC, AVC, SAC and SMC schedules of the firm.

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Question:
The following table shows the total cost schedule of a firm. What is the total fixed cost schedule of this firm? Calculate the TVC, AFC, AVC, SAC and SMC schedules of the firm.