the rate of chnge of cost with respect to number of goods is called average cost ?
Answers
Answer:
The formulation for calculating common fee is given via way of means of; Average price = Total fee of the devices/Number of gadgets
The common fee offers with the summation of mathematics fee divided through the quantity of the amount or the range of gadgets given. The formulation to calculate the common value is given right here.
X = ∑(xi)/n
Where xi is the sum of all fees and n is the variety of gadgets. The symbol ‘∑’ (known as sigma) is used to indicate the summation.
Step-by-step explanation:
The formulation for calculating common fee is given via way of means of; Average price = Total fee of the devices/Number of gadgets
The common fee offers with the summation of mathematics fee divided through the quantity of the amount or the range of gadgets given. The formulation to calculate the common value is given right here.
X = ∑(xi)/n
Where xi is the sum of all fees and n is the variety of gadgets. The symbol ‘∑’ (known as sigma) is used to indicate the summation.