To calculate the average cost in economics, you divide the total cost by the quantity of goods produced. This gives you the cost per unit, which is the average cost.
Marginal cost comes from the costs of producing just one more of something.
when marginal cost are below average cost at a given output, one can deduce that,
MC is the cost of producing one extra good, so if the cost of producing that one extra good is above the average, then the ATC increases.
The average cost for a Fender Tele guitar varies greatly depending on size, age, and style. The average cost for one of these can vary from $100-$1,500 depending on these conditions.
Google it.
Depends on how much a person eats.. what is the average cost of one meal per day per person
Cows
for one adult its around $150
The average cost to incarcerate one person per year in the United States is around $35,000 to $45,000. However, this cost can vary significantly depending on the state and type of facility in which the person is incarcerated.
The Gmat test is a very difficult one for the average person to do. So due to this the average prep cost for the Gmat is about 40 dollars.
In Monopoly, the cost of utilities is determined by rolling the dice and multiplying the number rolled by 4 or 10, depending on whether one or both utilities are owned. Utilities can impact gameplay by requiring players to pay rent to the owner when they land on a utility space, which can affect their overall financial strategy and progress in the game.
It costs about 40-80 dollars for the average person so ya......
For one person they can cost around 120 dollars.
the average person spend approximately 100 to 200 dollar on gas a month
Surveys show that the average person spends about $20 a month on toiletries.
The cost for one person to stay one night at the Grosvenor House in Dubai will vary depending on what suite they stay in and which time of year. The average price is £210.