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What (who) is average total cost - definition
FACTOR IN ECONOMICS
Average total cost; Average total costs; Average costs
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.
Run average
BASEBALL STATISTIC
Total run average
In baseball statistics, run average (RA) refers to measures of the rate at which runs are allowed or scored. For pitchers, the run average is the number of runs—earned or unearned—allowed per nine innings.
Average cost
Average costing; Average Cost; Weighted Average Cost; Moving-Average Cost; Weighted average cost; Moving-average cost; Moving average cost; Moving-Average cost; Weighted-average cost; Weighted-average Cost; Weighted-Average Cost; Weighted-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):
Wikipedia
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 has strong implication to how firms will choose to price their commodities. Firms’ sale of commodities of certain kind is strictly related to the size of the certain market and how the rivals would choose to act.
Examples of use of average total cost
1. For people in the Northeast who heat with fuel oil, the average total cost will go from $1,225 last winter to $1,541 this winter, estimates Mark Wolfe, executive director of the National Energy Assistance Directors‘ Association in Washington.