Want this question answered?
Average Variable Cost = Total Variable Cost/ Quantity Average Cost = Average Fixed Cost + Average Variable Cost Average Cost = Total Cost/Quantity
When the marginal cost is below the average total costs or the average variable costs,then the AC would be declining.When marginal cost is above the average cost then the average cost would be increasing.Therefore the marginal cost should intersect with the average cost at the lowest point in order to pull the average cost upwards.
average cost?
the average variable cost curve and average cost curve are u- shaped because of the law of variable proportions.
NTERSECTS
20$
15 dollars
£10 :-)
Depending on the size and brand of the dinner it costs an average of $1.80 to $3.00 to produce a frozen dinner. Some of the larger dinners cost up to about $5.00
It's triple times the cost
Your Prom magazine's survey found an average prom night costs $1,000, including clothes, primping, flowers, tickets, dinner, and transport.
Since A Average Dinner Is four people and if you get desserts and dinners and drinks. The Total will probably come to about $100 to $110... It really depends on who wantes desserts and dinners because sometimes people are not hungry depeding on lunch... Also, usually dinners in other places other then USA have more expensive dinners so an average steak or meat platter would cost $26... Hope that helps!
Supper is offered at Rome's Claridge restaurant at the Claridge Hotel in Rome, Italy at 7 o'clock p.m. until 10:30 o' clock p.m. Dinner is often served late evenings in Europe.
Poor Romans ate mostly cereal grains at all meals: bread or a porrige called puls.
trefiddy
You could get a pretty nice dinner . with no alcoholic drinks , for $4.00.
Average Variable Cost = Total Variable Cost/ Quantity Average Cost = Average Fixed Cost + Average Variable Cost Average Cost = Total Cost/Quantity