Economy, asked by rajputsarvesh632, 4 months ago

which cost is also known as average total cost​

Answers

Answered by sunny786sunnysk
0

Answer:

average means minus and even 0

Answered by sumit456456
0

Average total cost is also known as "Marginal unit variable cost".

In economics, average total cost (ATC) equals total fixed and variable costs divided by total units produced. Average total cost curve is typically U-shaped i.e. it decreases, bottoms out and then rises. A firm's total cost is the sum of its variable costs and fixed costs.

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