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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 cost of auto insurance in the US?
The average cost of auto insurance in the U.S is $150 per month. However, this average rate is subject to be higher or lower depending on many factors.
What is the average cost of auto insurance in AZ?
The average cost of auto insurance depends on a lot of factors. Your age, driving record, location, type of car, and whether or not you have a garage or alarm, all play a factor in how much your auto insurance will cost.
What is an average cost of 1969 Ford Mustang?
The average cost of a 1969 Ford Mustang is $22k. This average cost can be seen on many auto shops online, but one that can be mentioned is the website Car Gurus.
What are the cost for auto repair in D.C.?
If you want to find out the average cost of auto repairs to get your car fix in the D.C. area, then you would have to ask a family member, friend or neighbor.
What is the average cost for general liability insurance for a auto repair shop?
55 dollars
What is average cost of auto transmission rebuild on Ford Ranger?
What is the average cost of a 97 ford ranger automatic transmission 4 Wheel drive Extended cab
Average Texas auto insurance?
The average cost of insurance in Texas is about $800. There are many factors that determine YOUR price however.
How much does it cost to repair auto brakes?
If you are wondering the cost of repairing auto brakes because you have been hearing a lot of squealing and squeaking in your brakes whenever you drive, then the average cost is around 200-300 dollars.
How much does auto insurance cost for the average family per year?
For a married couple with two vehicles the average cost of auto insurance is $1600 per year. Factors such as the vehicles, area where the couple lives, and each individual's driving record can change the cost, as can the addition of driving children.
What is the average cost of a California auto insurance quote?
California has some of the highest insurance rates in the nation. You can get free auto insurance quotes at www.geico.com
What is the average price of commercial auto insurance?
There is no average cost of insurance. There are far too many factors and variables involved in rating an auto policy, especially a commercial auto policy. You can have a company that hauls dynamite and has ten trucks versus someone like UPS.
What is the average cost of a speed sensor for a 1999 Chevy Cavalier Z24 5-Speed?
Auto Zone $44.99
