Economy, asked by jonalijyotiBoruah, 10 months ago

define average variable cost​

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Answered by Anonymous
1

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❏In economics, average variable cost is a firm's variable costs divided by the quantity of output produced. Variable costs are those costs which vary with the output level: where = variable cost, = average variable cost, and = quantity of output produced.

Answered by Anonymous
0

ÂnsWêR ♥️

In economics, average variable cost is a firm's variable costs divided by the quantity of output produced. Variable costs are those costs which vary with the output level ,

where = variable cost, = average variable cost, and = quantity of output produced.

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