Economics · Class 11
TC, AFC, AVC, AC and MC Calculator for Class 11 Economics
Calculate total cost, average fixed cost, average variable cost, average cost and marginal cost from cost data.
Formula
TC = TFC + TVC; AFC = TFC/Q; AVC = TVC/Q; AC = TC/Q; MC = ΔTC/ΔQ
Worked example
At output 10 with TFC 100 and TVC 400, TC is 500, AFC 10, AVC 40 and AC 50. If previous TC was 455 at output 9, MC is 45.
The interactive calculator on this page accepts your own question values and displays the final answer with step-by-step working.
Frequently asked questions
What formula does the Cost Curves Calculator use?
This calculator uses: TC = TFC + TVC; AFC = TFC/Q; AVC = TVC/Q; AC = TC/Q; MC = ΔTC/ΔQ. The interactive page shows the working step by step.
Is the Cost Curves Calculator free?
Yes. It is free to use and does not require a login.
Can I use the calculator for exam preparation?
Yes. Use it to check numerical working and then practise writing the formula, substitution and final answer yourself.
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