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CISCEISC (Commerce) Class 12
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Syllabus

Give a formula to determine average cost. - Economics

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Question

Give a formula to determine average cost.

Equation/Formula
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Solution

Average Cost (AC) = `"Total Cost"/"Total Output"`

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Q A. 15.
Chapter 8: Cost Theory Analysis - TEST QUESTIONS [Page 23]

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R. K. Lekhi and P. K. Dhar Economics [English] Class 12 ISC
Chapter 8 Cost Theory Analysis
TEST QUESTIONS | Q A. 15. | Page 23
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