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Homework answers / question archive / In the short run, the average variable cost can be obtained by each of the following except
In the short run, the average variable cost can be obtained by each of the following except.
a. ATC - MC
b. ATC - AFC
c. (TC/Q) - (TFC/Q).
d. TVC/Q.
In the short run, the average variable cost can be obtained by each of the following except. (a) ATC - MC
b. ATC - AFC See (2) below.
c. (TC/Q) - (TFC/Q). See (1) below.
d. TVC/Q. Any average is the total divided by the quantity, so the average variable cost equals the total variable cost divided by the quantity.
