if AC = Average Cost of production ,
TC = Total Cost of production
VC = Variable Cost of production
FC = Fixed Cost of production
Q = Quantity of goods produced
Then,
TC = Total Cost of production
VC = Variable Cost of production
FC = Fixed Cost of production
Q = Quantity of goods produced
Then,
-
A.
AC = TC; TC = VC + FC -
B.
AC = (TC) Q: TC = VC + FC -
C.
AC = TC; TC = (VC)(FC) Q -
D.
AC = TC- FC: VC = TC- AC -
E.
AC = TC ; TC = VC + AC Q