average cost

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Related to Average total cost: marginal cost, Total fixed cost

average cost

The cost per unit of output, calculated as the cost, or benefit, of all units of output divided by the number of units.

average cost

Average benefit Managed care The cost per unit of output, calculated as the cost or benefit of all units of output divided by the number of units
References in periodicals archive ?
Costs were therefore aggregated, and only an average total cost was calculated for each modality.
Once again, the average total costs per day were lower in the patients who received palliative care.
When we estimated only housing-related construction costs, the average total cost for all units under the HOPE VI program was about 35 percent greater than a two-bedroom tax credit unit and 10 percent greater than a three-bedroom tax credit unit.
Recognizing that average total cost ATC(X, w) = TC([X.
In early 1992 the average total cost, including administrative fees and reviewers' expenses, of a quality review for a sole practitioner with no professional staff was approximately $1,800.
WITH THE AVERAGE total cost of corporate health benefit programs equal to 45 percent of after-tax earnings, employers are asking their employees to shoulder a greater portion of health care costs, the Foster Higgins survey found.
Second, it is proposed that certain strategic accomplishments may beneficially shift the firm's average total cost curve so that for the same quantity produced, lower costs would be borne by the business unit.
The average total cost of educating a pupil identified as handicapped was $6,335 in the 1985-86 school year.
A new study from Cutting Edge Information discovered that on average, oncology trials reported a total cost of nearly $2 million more than the average total cost of the other trials.
15 and the average total cost per produced pound sold was $28.
And the average total cost for a 30-day payday alternative loan is $33.
He said organisations surveyed in the Middle East region were pretty close to the global median with the average total cost of $3.