Yes ATC = AFC + AVC. AVC (Average Variable...10 = $100 (the same as the Variable Cost). (AFC (Average Fixed Cost) is the proportion...
3 Answers · Social Science · 27/12/2010
AFC= TFC/ Output or 200 / 4 . AVC =TVC/Output or 60/4 MC = Change in total cost. 4unit TC = 260 1 unit TC = ? 2 Unit TC = ? see the difference in cost . Pl. try it.
1 Answers · Social Science · 03/05/2013
AFC = (price of capital * units of capital) / Q of output produced AVC = (price of labor * units of labor) / Q of output produced
1 Answers · Social Science · 04/05/2011
TFC = Q x AFC TVC = Q x AVC For AFC you have the number you say. Anyways, AFC = ATC -AVC.
2 Answers · Social Science · 26/11/2012
B, it will affect all costs,except fixed cost. Because AVC will increase, and AC=AVC+AFC will increase. MC which depends on AVC will increase to.
1 Answers · Social Science · 10/10/2012