Calculation of FC, VC, TC, AFC, AVC, ATC, and MC

Step-by-step calculation of Total Cost, Fixed Cost, Variable Cost, Average Fixed Cost, Average Variable Cost, Average Total Cost, and Marginal Cost.

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⌚️ 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