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Also available:
World English Dictionary
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average variable cost
av·er·age var·i·a·ble cost
(
plural
av·er·age var·i·a·ble costs
)
noun
Definition:
variable cost divided by quantity:
the total variable cost of a company's product divided by the quantity produced
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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