Relation between AC AVC AFC and MC

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Step-by-step calculation of Total Cost, Fixed Cost, Variable Cost, Average Fixed Cost, Average Variable Cost, Average Total Cost, and Marginal Cost. • 💡RELATED VIDEOS TO THIS TOPIC: • → Equation Form | • Calculating the Equations of TC, FC, ... • → Cost Concepts Playlist | • COST CONCEPTS • 📚 FUNDAMENTALS OF DEMAND AND SUPPLY • Click to download for FREE: https://www.cotual.com/musa-nectar • This is a FREE ebook I wrote. It is a 122-page book written to provide proficiency in Demand-Supply analysis, in-depth knowledge, and a strong foundation in Economics, Mathematical-Economics, and Economics-related courses. • It is fine-tailored to help you pass your Economics courses excellently! The knowledge in it helped me graduate with a 3.86/4.00 CGPA (96.5%), High Honors (First Class) in Economics at Eastern Mediterranean University, and a 4.00/4.00 CGPA (100%) in my Master's Degree in Economics. The book contains my knowledge and understanding and was written to help you succeed. It is also very suitable for high school students (or secondary school students). • Click this link to *download it for FREE*: https://www.cotual.com/musa-nectar • . • WHO AM I? • Hey there, 👋 I'm Musa. I recently just finished my Masters Program in Economics at Eastern Mediterranean University. I graduated (in February 2024) with a 4.00/4.00 CGPA. • My Thesis topic is: The Impact of Government Expenditure on Economic Growth and Inflation Rate in Nigeria. The data used were from 1981 to 2022 (42 years). The methodology used was the ADF-Test, ARDL/ARDL Bounds Test, and Granger Causality Test. If you are interested in reading about my Thesis, you can download it for free by clicking this link: https://www.cotual.com/thesis • Upon finishing my Masters Degree, I formed COTUAL LLC, a digital marketing company. We focus on how to use digital marketing to achieve financial success. To learn more, visit: https://www.cotual.com/thesis • Digital Marketing is my current focus; however, I still create videos on Economics videos. Because the knowledge is in my head, there's no point in letting it sit there, so it's best to let others benefit from it. • Kindly subscribe to the channel and help us grow. It will warm my heart! 🤗 • . • ⌚️ Timestamps: • 0:00 - Intro • 0:40 - FC, VC, TC – Formula and Relationship • 2:52 - Fixed Cost (FC) • 3:39 - Total Cost (TC) and Variable Cost (VC) • 7:57 - Average Fixed Cost (AFC) • 12:32 - Average Variable Cost (AVC) • 16:41 - Average Total Cost (ATC) • 22:12 - Marginal Cost (MC) • 32:00 - Outro

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