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Total cost.<br />
Total cost.<br />
Average cost, or total cost divided by quantity.<br />
Average cost, or total cost divided by quantity.<br />
Marginal cost, or the first derivative of total cost with respect to quantity.<br />
[[Marginal cost]], or the first derivative of total cost with respect to quantity.<br />
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Fixed cost (and average fixed cost), referring to costs in the [[short run]] which must be incurred regardless of quantity produced.<br />
Fixed cost (and average fixed cost), referring to costs in the [[short run]] which must be incurred regardless of quantity produced.<br />