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- Average_variable_cost abstract "In economics, average variable cost (AVC) is a firm's variable costs (labor, electricity, etc.) divided by the quantity (Q) of output produced. Variable costs are those costs which vary with output. where VC = variable cost, AVC = average variable cost, and Q = quantity of output produced.Average variable cost plus average fixed cost equals average total cost:In many or most contexts, average variable cost declines as the level of output increases at low levels of input, and then bottoms out and begins increasing as output increases further. Hence the curve depicting average variable cost is roughly U-shaped.".
- Average_variable_cost wikiPageID "3438648".
- Average_variable_cost wikiPageRevisionID "604541664".
- Average_variable_cost hasPhotoCollection Average_variable_cost.
- Average_variable_cost subject Category:Costs.
- Average_variable_cost type Abstraction100002137.
- Average_variable_cost type Cost113275847.
- Average_variable_cost type Costs.
- Average_variable_cost type Outgo113275288.
- Average_variable_cost type Possession100032613.
- Average_variable_cost type Relation100031921.
- Average_variable_cost type TransferredProperty113252973.
- Average_variable_cost comment "In economics, average variable cost (AVC) is a firm's variable costs (labor, electricity, etc.) divided by the quantity (Q) of output produced. Variable costs are those costs which vary with output.".
- Average_variable_cost label "Average variable cost".
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- Average_variable_cost sameAs Q4828279.
- Average_variable_cost sameAs Q4828279.
- Average_variable_cost sameAs Average_variable_cost.
- Average_variable_cost wasDerivedFrom Average_variable_cost?oldid=604541664.
- Average_variable_cost isPrimaryTopicOf Average_variable_cost.