5,580
edits
Changes
Jump to navigation
Jump to search
mLine 1:
Line 1: − +
bold subject
Average total cost (ATC) for a firm or business is its total cost divided by the quantity of its output:
'''Average total cost''' ('''ATC''') for a firm or business is its total cost divided by the quantity of its output:
:ATC = (total cost) / (quantity of output)
:ATC = (total cost) / (quantity of output)