how to find average cost
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Answered by
18
Answer:
Average cost (AC), also known as average total cost (ATC), is the average cost per unit of output. To find it, divide the total cost (TC) by the quantity the firm is producing (Q).
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3
Answer:
❤. Steps to find the average cost :
1. add up all the given costs
2. now see how many no. of things are there
3. now divide the total cost by the no. of things (quantity)
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