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Average Variable Cost
Wikipedia English The Free EncyclopediaDownload this dictionary
Average variable cost
Average variable cost (AVC) is an economics term that refers to a firm's variable costs (labor, electricity, etc.) divided by the quantity (Q) of output produced. Variable costs are those costs which vary with output.
Where:
  • VC = Variable Cost
  • AVC = Average Variable Cost
  • Q = Quantity of Output Produced

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MONASH Marketing DictionaryDownload this dictionary
Average Variable Cost
a measure of cost control, calculated by dividing the total variable cost of the goods produced by the number of units sold.

2004 (c) Copyright & Reprint Courtesy of the Dept. of Marketing, Faculty of Business and Economics, Monash University; edited by Mr. Don Bradmore.
Free English-Vietnamese DictionaryDownload this dictionary
Average variable cost
Average variable cost
  • (Econ) AVC-Chi phí khả biến bình quân.
      + CHI PHÍ KHẢ BÍÊN trên một đơn vị sản lượng.

(C) 2007 www.TừĐiểnTiếngViệt.net



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