Tags
#2015 #book-2 #cfa #cfa-level-1 #economics #schweser
Question
Average variable cost (AVC) is [definition?] and first decreases and then increases with greater quantities.
Answer
variable cost per unit of output
Tags
#2015 #book-2 #cfa #cfa-level-1 #economics #schweser
Question
Average variable cost (AVC) is [definition?] and first decreases and then increases with greater quantities.
Tags
#2015 #book-2 #cfa #cfa-level-1 #economics #schweser
Question
Average variable cost (AVC) is [definition?] and first decreases and then increases with greater quantities.
Answer
variable cost per unit of output
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Open itAverage variable cost (AVC) is variable cost per unit of output and first decreases and then increases with greater quantities.Original toplevel document (pdf)
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iamcfa - (no access) - 2015 CFA Level 1 Study Schweser Book 2 - Economics, p88
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| repetition number in this series | 0 | | memorised on | | | scheduled repetition | |
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