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average cost
(redirected from Average total costs)

   Also found in: Dictionary/thesaurus, Financial, Wikipedia 0.01 sec.
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


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In July 2004, average total costs of compliance were estimated to be $3.
Jones and Butler have proposed that a firm competing mainly with the low cost strategy would have lower average total costs (that are comprised of lower average production costs and lower average transaction costs) vs.
 
 
 
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