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How do you calculate the average variable cost?
Decide the common variable cost: The average variable fee is determined by dividing the overall variable value by the quantity produced. Subtract the average variable cost from the average overall fee: this can give you the average fixed cost per unit.
Average variable cost (AVC) is the variable value in keeping with a unit of total product (TP). To calculate AVC, divide variable price at a given total product stage by means of that total product. This calculation yields the value in line with a unit of output. AVC tells the firm whether the output level is doubtlessly profitable.
Learn more about Average variable cost (AVC) here: https://brainly.com/question/15090375
