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What is the formula to find the average variable cost?
Average Variable Cost = Total Variable Cost/ Quantity Average Cost = Average Fixed Cost + Average Variable Cost Average Cost = Total Cost/Quantity
Does marginal cost curve always intersect the average cost curve at the average cost curve's lowest point?
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.
What do you mean by Average Cost System?
average cost?
Why is average cost and average variable cost are both you shaped?
the average variable cost curve and average cost curve are u- shaped because of the law of variable proportions.
Does marginal cost always intersect average cost at minimum average cost?
NTERSECTS
What is the average color of underwear in the US?
white
What is the average weight of underwear?
The answer depends on what you consider to be underwear and in which country. In tropical countries people are more likely to wear light underwear whereas during the winter people in cold countries are more likely to wear heavier underwear.
What is the formula to find the average variable cost?
Average Variable Cost = Total Variable Cost/ Quantity Average Cost = Average Fixed Cost + Average Variable Cost Average Cost = Total Cost/Quantity
What is the typical price range of DKNY underwear?
DKNY underwear prices can vary but their price range is typically fairly low. The price range for DKNY underwear can range from $7 to $18 but typically cost about $12.
How much did a pair of underwear cost in the 1930's?
about 50 cents a pair
How many sets of underwear did the average person have 500 years ago?
about 8.7
average cost?
average cost of dentures
Does marginal cost curve always intersect the average cost curve at the average cost curve's lowest point?
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.
What is cost What is the difference between total cost and average cost?
Average total cost is the average of all your costs. This is your Fixed Costs and your Variable costs. Average Variable Cost is the average of your costs that can fluctuate.
What do you mean by Average Cost System?
average cost?
Why is average cost and average variable cost are both you shaped?
the average variable cost curve and average cost curve are u- shaped because of the law of variable proportions.
What is the average monthly cost for laundry?
what is the average cost in newark
