cost chapter missing value question with complete solution step by step. for more economics and business studies topics login to www.eakanchha.com
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Language: en
Added: Nov 06, 2019
Slides: 12 pages
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OUTPUT AFC AC AVC MC 1 140 50 2 45 3 45 4 22.5 48 5 18 52 The value given in question are written in red colour. Solution I will write in black colour . Q.2
OUTPUT AFC AC AVC MC TFC TC 1 140 50 2 45 3 45 4 22.5 48 5 18 52 The value given in question are written in red colour. Solution I will write in black colour. Two more columns are required for calculation i.e. TFC and TC.
OUTPUT AFC AC AVC MC TFC TC 1 140 50 90 2 45 90 3 45 90 4 22.5 48 90 5 18 52 90 TFC = AFC × OUTPUT. = 22.5 × 4 = 90 And TFC remains same at all the level of output.
OUTPUT AFC AC AVC MC TFC TC 1 90 ÷ 1 = 90 140 50 90 2 90 ÷ 2 = 45 45 90 3 90 ÷ 3 = 30 45 90 4 22.5 48 90 5 18 52 90 AFC = TFC ÷ OUTPUT. THE VALUES I HAVE USED HERE IN CALCULATION ARE IN GREEN COLOUR.