average variable cost (A VC)
average variable cost (A VC)
Glossary micro and macro economics
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Economics
Definition of average variable cost (a vc)
average variable cost (A VC) : firm's total variable 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 variable cost (a vc)
Meaning of average variable cost (a vc)
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