average avoidable cost definition
average avoidable cost means the sum of all costs, including variable costs and product-specific fixed costs, that could have been avoided if the firm ceased producing an identified amount of additional output, divided by the quantity of the additional output;
average avoidable cost means the sum of all costs, including variable costs and product-specific fixed costs, that could have been 10 avoided if the firm had not produced an identified amount of additional output;
average avoidable cost means the sum of all costs, including variable costs and product specific fixed costs, that could have been saved if the firm ceased producing the identified amount of output.
More Definitions of average avoidable cost
average avoidable cost means the sum of all costs, including variable costs and product-specific fixed costs specific to the goods or services concerned, that could have been avoided over the short term if the firm had not produced an identified amount of additional output, divided by that identified amount of additional output;