A firm’s SMC schedule is shown in the following table. The total fixed cost of the firm is Rs 100. Find the TVC, TC, AVC and SAC schedules of the firm.


Q



SMC



0



-



1



500



2



300



3



200



4



300



5



500



6



800




TVC = SMCN + SMCN+1


AVC = TVC / Q


TC = FC + TVC


SAC = TC / Q


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