Enter a word or phrase in any language 👆
Language:
Translation and analysis of words by ChatGPT artificial intelligence
On this page you can get a detailed analysis of a word or phrase, produced by the best artificial intelligence technology to date:
- how the word is used
- frequency of use
- it is used more often in oral or written speech
- word translation options
- usage examples (several phrases with translation)
- etymology
What (who) is average cost - definition
Average cost
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 method
Under the average cost method, it is assumed that the cost of inventory is based on the average cost of the goods available for sale during the period.
Dollar cost averaging
INVESTMENT STRATEGY
Dollar-cost averaging; Dollar-cost Averaging; Pound cost average; Pound cost averaging; Cost average effect; Dollar cost average; Cost averaging
Dollar cost averaging (DCA) is an investment strategy that aims to apply value investing principles to regular investment. The term was first coined by Benjamin Graham in his book The Intelligent Investor.
Examples of use of average cost
1. For subcontractors, the average cost was $7,783, the audit said.
2. The average cost of a home in Britain is 162,850.
3. CRIME BILLS Average cost of a murder÷ 1.4 million Average cost of sexual offence÷ 31,438 Average cost of house burglary÷ 3,268 Crime costs to health services÷ 2.35 billion Crime costs to Criminal Justice System÷ 7 billion 63,600 fixed–penalty notices issued last year.
4. The average cost of a property for a first–time buyer was 146,248.
5. The average cost of a house has risen to 168,600, research revealed.