Business Studies, asked by manjubora7201, 1 year ago

How to calculateaverage variable cost with total variable cost is given?

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Answered by adiyaann2006
1

Answer:

The average variable cost(AVC) is the total variable cost per unit of output. this is found by dividing total variable cost(TVC)by total output. TVC is all the costs that vary with output,such as material and labour.

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