How do you find average total cost

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11-02-2021
Advanced Placement (AP)

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How do you find average total cost

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ShaelNeedsAnswers ShaelNeedsAnswers · Answer 1 · 2021-02-11T17:18:03+01:00

ShaelNeedsAnswers ShaelNeedsAnswers

11-02-2021

Average cost (AC), also known as average total cost (ATC), is the average cost per unit of output. To find it, divide the total cost (TC) by the quantity the firm is producing (Q).

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