Compare the different types of costs in Production. The following table gives the total cost schedule of a firm. It is also given that the average fixed cost at 4 units of output is Rs. 5.    Find the TVC, TFC, AVC, AFC, AC and MC of the firm for corresponding values of Output.     Q(Output)   TC(Total Cost) 1   50 2   65 3   75 4   95 5   130 6   185

Q: With a total cost function of: TC = 50 + 2Q +2Q², where Q is the output quantity, solve for the…

A: Total cost TC = 50 + 2Q + 2Q2 Fixed cost Fixed cost is that part of TC which does not depends on…

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A: Given:F(L,K)=L14K12w=2r=4 FC= $100

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Q: Output (q) VC MC AFC AVC AC 1 $100 $64 $164 $64 $100.00 $64.00 $164.00 2 112 212 48 50.00 56.00…

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Q: g) What will be the firm’s total fixed costs?

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A: The marginal cost can be determined by using the below formula:

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