average fixed cost (AFC)

 

 

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average fixed cost (AFC)

 

Glossary micro and macro economics

 

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Economics

 

Definition of average fixed cost (afc)

 

average fixed cost (AFC) : firm's total fixed cost divided by output.

 

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Glossary micro and macro economics

 

Micro and macro economics glossary index of terms

 

 

Definition and meaning of average fixed cost (afc)

 

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