Consider the following Table which gives total cost schedule of a firm. Given that the average fixed cost of producing 2 units of output is Rs. 10. Find the total variable cost, total fixed cost, average variable cost, average fixed cost, short-run average cost, and short-run marginal cost schedules of the firm for the corresponding values of output.

 Quantity            Total cost

     1                        50

     2                        65

     3                         75

     4                         95

      5                        130

      6                         185

MC (when output is 1 unit)

=TVCn​−TVCn−1​

=30−0

=30

Q  TC 
  (Rs.)    TFC (4 X Rs.5)   
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