Take three data sets of cost containing all types of cost tc, fc, tvc, fvc, vc, mc, avc, afc) and draw their schedules and curves and interpret the results. Now after doing that you have to identify the similarities and differences in three datas. Sample data is given in image.

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Q: The following Table is for answering questions 42 to 45 below: Output 6000 TFC TVC Input 1200 TC MC…

A: Use below formulas to find the values: Total Cost (TC) = TFC + TVC MC = TC2 – TC1 TVC = TC - TFC

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Q: Graphically Represent and analyze the interrelationship between the short run costs Units TFC TVC TC…

A:

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Q: The following Table is for answering questions 42 to 45 below: Output 6000 TFC TVC Input 1200 TC MC…

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