How to calculate average fixed costs,average variable costs and marginal costs?

I have to do this table that I dnt understand please explain to me,if I have 4 output 200 fixed costs, 60 variable costs and 260 total costs. How do I calculate average fixed costs,average variable costs and marginal costs

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  • 7 years ago
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    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.

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