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After five years of doing business, PUTRA Production decided to assess the firm's condition for short run production cost. Table 1 shows the following information

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After five years of doing business, PUTRA Production decided to assess the firm's condition for short run production cost. Table 1 shows the following information of relationship between Quantity of Output, Total Fixed Cost (TFC) and Total Variable Cost (TVC):

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Quantity of Output Total Fixed Cost (RM) Total Variable Cost (RM) 0 700 0 100 700 500 180 700 1000 240 700 1500 320 700 2000 400 700 2500

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