Economy, asked by antiakaur205, 5 months ago

what is meant by average cost?​

Answers

Answered by ItZzMissKhushi
2

Answer:

In economics, average cost or unit cost is equal to total cost (TC) divided by the number of units of a good produced (the output Q): Average cost has strong implication to how firms will choose to price their commodities.

Answered by roshni123424
0

Answer:

In economics, average cost or unit cost is equal to total cost (TC) divided by the number of units of a good produced (the output Q): Average cost has strong implication to how firms will choose to price their commodities.

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