Short run average cost curves:Average Fixed Cost (AFC):
The average fixed cost is a fixed cost per unit of output. This is acquired by dividing the total fixed cost by the number of units of the commodity generated.
Symbolically,
AFC = TFC / Q
Here, AFC = Average fixed CostTFC = Total Fixed costQ = number of units of output generated
Assume that for a firm, total fixed cost is $ 2000 if output is 100 units, AFC will be $ 2000/100 = $ 20 and if output is 200 units, AFC will be $ 2000/200 = $10/- as total fixed cost is a steady quantity, average fixed cost will constantly fall as output raises; whenever output becomes very big, average fixed cost approaches to zero.
Latest technology based Economics Online Tutoring Assistance
Tutors, at the www.tutorsglobe.com, take pledge to provide full satisfaction and assurance in Cost and Revenue help via online tutoring. Students are getting 100% satisfaction by online tutors across the globe. Here you can get homework help for Cost and Revenue, project ideas and tutorials. We provide email based Cost and Revenue help. You can join us to ask queries 24x7 with live, experienced and qualified online tutors specialized in Cost and Revenue. Through Online Tutoring, you would be able to complete your homework or assignments at your home. Tutors at the TutorsGlobe are committed to provide the best quality online tutoring assistance for Economics Homework help and assignment help services. They use their experience, as they have solved thousands of Economics assignments, which may help you to solve your complex issues of Cost and Revenue. TutorsGlobe assure for the best quality compliance to your homework. Compromise with quality is not in our dictionary. If we feel that we are not able to provide the homework help as per the deadline or given instruction by the student, we refund the money of the student without any delay.
tutorsglobe.com cell division assignment help-homework help by online cell biology tutors
tutorsglobe.com marginal cost of capital assignment help-homework help by online capital structure tutors
financial gearing takes place while a business is financed, at least in part, through borrowing instead of through finance given through the owners (the shareholders) as equity.
Get personalized English tutor – get English assignment help, homework help, and online tutoring services to solve your English difficulties online.
Theory and lecture notes of Extreme Situations-Financial Crises all along with the key concepts of extreme situations: financial crises, Lenders of Last Resort, Deposit Insurance and Moral Hazard. Tutorsglobe offers homework help, assignment help and tutor’s assistance on Extreme Situations-Financial Crises.
Theory and lecture notes of Understanding the Growth Model all along with the key concepts of understanding the growth model, growing economy, Growth of Capital per Worker, Capital-Output Ratio, Steady State Growth Path. Tutorsglobe offers assignment help and tutor’s assistance on Understanding the Growth Model.
find 24x7 available professional tutors from transportation law assignment help at low prices and score top grades effectively.
tutorsglobe.com demand for labor assignment help-homework help by online market theory of wages tutors
tutorsglobe.com crop diseases and their control assignment help-homework help by online biology in human welfare tutors
tutorsglobe.com ms-access assignment help-homework help by online computer programming tutors
Morphology and Anatomy of Seed Plant tutorial all along with the key concepts of Life Span of a Plant, Morphology of seed plants, The Flower, Fruits and Seeds, Leaves, Stem and Roots
the power can be calculated basically with the help of just ammeter and voltmeter.
tutorsglobe.com symptoms of staphylococci assignment help-homework help by online staphylococcal infections tutors
Characteristics and Structure of Fungal groups tutorial all along with the key concepts of Class Chytridiomycetes, Asexual reproduction in chytrids, Sexual reproduction in chytrids, Class Oomycetes, Class Zygomycetes, Class Ascomycetes, Class Basidiomycetes
The chairman should attempt to make sure that the board operates like an effectual decision making body and that board meetings are conducted in a business-like manner.
1958180
Questions Asked
3689
Tutors
1468724
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!