![Economic cost: ,[object Object],[object Object],[object Object],[object Object]](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
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Costs
- 7. Variation Of SR cost with Output: 29.1 24.7 4.4 42 320 272 48 11 27.8 23 4.8 32 278 230 48 10 27.3 22 5.3 30 246 198 48 9 27 21 6 27 216 168 48 8 27 20.1 6.9 21 189 141 48 7 28 20 8 20 168 120 48 6 29.6 20 9.6 18 148 100 48 5 32 20.5 12 16 130 82 48 4 38 22 16 20 114 66 48 3 47 23 24 21 94 46 48 2 73 25 48 25 73 25 48 1 48 0 48 0 Average cost= c/q Average Variable cost= VC/q Average Fixed cost= F/q Marginal cost MC Total cost C Variable cost VC Fixed Cost F Output Q
- 8. F Variable cost and Fixed cost Curve
- 9. Total cost, Variable cost and Fixed cost Curve
- 10. Average Variable cost Cost Quantity 6 4 120 216 20 F C VC AVC Cost per unit Quantity
- 12. Average total cost Cost Quantity 6 4 120 216 20 F C VC AVC Cost PER UNIT Quantity AFC AC
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