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Average total cost determines how much profit or loss a firm will make at a certain output and price. It also determines is a firm should shut down, temporarily stopping production (not covering variable costs) but keeping the business (covering fixed costs), or if it should exit the market (not covering variable or fixed costs).
What else can I help you with?
How much did the average house cost in 1920?
it used to costs 4mil
What are the advantages of using normal costing?
direct prod cost: you know what the real cost will be indirect costs: still and estimate on how to spread cost but real base of total indirect costs to start from
What is the total cost for 6 framed posters?
To determine the total cost for 6 framed posters, you need to know the price of each framed poster. Multiply the price of one framed poster by 6. For example, if each framed poster costs $20, the total cost would be 6 x $20 = $120.
How do you calculate the variable costs of making tea in a restaurant?
A variable cost is the cost dependent upon how much is being sold. In order to determine this cost it is necessary to know what is being sold and how much is needed to be sold to make a profit. Take the cost of the tea and what is needed to make the tea, cost of shipping items to store, and cost of employee wages. This will give you a total for the variable cost. Then you divide the total variable cost by the production volume.
Why it is easier for small firms to strategically innovate?
SMALL FIRM ENCOUNTERS CAN BE VERY ADVANTAGEOUS SUMTIMES, IF WE ENCOUNTERS SMALL FIRMS AND THEN MAKE IT INTO ONE BIG FIRM IT CAN BE REALLY BENEFICIAL, LIKE FIRM WILL HAVE ONE NAME, WE HAVE TO PROMOTE THAT , WE CAN WORK ON QUALITY STANDARDS AND OTHER THINGS, AND ALSO AS WE KNOW THAT WHEN EXPENSES ARE MADE IN MASS THEY PROVE TO BE BENEFICIAL AS COST REDUCES........SO ACCORDING TO ME ENCOUNTERING SMALL FIRMS CAN BE BENEFICIAL IF MOVES ARE MADE LITTLE CALCULATIVELY AND IT IS GOOD FOR BOTH FOR THE ONE ENCOUNTERING AND THE WHO IS BEING ENCOUNTERED...
How can calculate average cost?
i have no clue you should know
What two quantities do you need to know how to calculate average speed?
To calculate average speed, you need to know the total distance traveled and the total time taken to cover that distance. The average speed is then determined by dividing the total distance by the total time. The formula is: average speed = total distance / total time.
What are two things must you know to determine average speed?
To determine average speed, you need to know the total distance traveled and the total time taken to travel that distance. The average speed is calculated by dividing the total distance by the total time.
Does supply equal marginal cost?
Not that I know of. Average cost does - in the form of a labour market
Average cost of chicken?
because i wont know how much chinken cost this year
What is the average asphalt paving cost in Chicago ill?
i do not know
How do you average gas costs?
The easiest is to start a given time period (say a week of a month) with a full tank of gas. Record the odometer reading. This will be your starting miles. Throughout your time period, record the cost and gallons for each gas stop. On the last day of your time period, fill up your tank one last time, record this too, and now record the odometer again for your ending miles. You now need to know the following: Total Miles (Ending Miles - Starting Miles) Total Gallons Total Cost # of days Follow the calculations below to find each average: Avg Miles per Gallon = Total Miles / Total Gallons Avg Cost per Day = Total Cost / # of Days Avg Cost per Gallon = Total Cost / Total Gallons Avg Cost per Mile = Total Cost / Total Miles
Average cost of gas in April 2008?
I dont know you tell me!
What is the average cost of an advertising campaign?
It cost on the lower higher average of £507 500, including billboards and all that stuff that is all i know now but i can get back to you.
What two things must you know to determine avaerage speed?
To determine average speed, you need to know the total distance traveled and the total time taken to travel that distance. Divide the total distance by the total time to calculate the average speed.
What is the total cost of creating a Q and A website?
i do not know kk d
What is the average cost of snakebites?
The only way to know how much your piercing will cost is to contact your piercing studio and ask them.
