average variable cost

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Average variable cost
Average variable cost (AVC) is an economics term to describe the total cost a firm can vary (labor, etc.) divided by the total units of output. Average variable cost plus average fixed cost equals average total cost.
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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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