Average fixed cost (AFC) is an economics term to describe the total fixed costs (TFC) divided by the number of units produced.
<math>\left ( \frac{TFC}{Q} \right ) = AFC</math>; TFC = total fixed cost, Q = quantity of units produced
Average variable cost plus average fixed cost equals average total cost.
See also
- Variable cost
This entry was posted
on Thursday, June 19th, 2008 at 10:10 pm and is filed under cost, document, document scanning software, Uncategorized.
You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.

Leave a Comment
You must be logged in to post a comment.