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Fixed costs of production divided by the quantity of output
In economics, average fixed cost (AFC) is the fixed costs of production (FC) divided by the quantity (Q) of output produced. Fixed costs are those costs
Average_fixed_cost
Total cost divided by number of goods produced
(and hence the first derivative of variable cost). A typical average cost curve has a U-shape, because fixed costs are all incurred before any production
Average_cost
Investment strategy
its potential for reducing the average cost of shares bought. As the number of shares that can be bought for a fixed amount of money varies inversely
Dollar_cost_averaging
Graph used in economics
long-run (cost spent on renewable materials e.g equipment) A = average (per unit of output) M = marginal (for an additional unit of output) F = fixed (unadjustable)
Cost_curve
Variable costs of production divided by total output
Q {\displaystyle AVC={\frac {VC}{Q}}} Average variable cost plus average fixed cost equals average total cost (ATC): A V C + A F C = A T C . {\displaystyle
Average_variable_cost
Cost added by producing one additional unit of a product or service
on fixed costs. This can be compared with average total cost (ATC), which is the total cost (including fixed costs, denoted C0) divided by the number of
Marginal_cost
Total economic cost of production
of total cost or variable cost. Either of these derivatives work because the total cost includes variable cost and fixed cost, but fixed cost is a constant
Total_cost
Combination of losses of goods
cost (TFC) Average cost (AC) are total costs divided by output. AC = TFC/q + TVC/q Average fixed cost (AFC) is equal to total fixed cost divided by output
Economic_cost
2025 film by Genndy Tartakovsky
Fixed is a 2025 American adult animated comedy film directed by Genndy Tartakovsky and written by Tartakovsky and Jon Vitti. Produced by Sony Pictures
Fixed_(film)
Halting output when costs are excessive
define a new cost curve, the average non-sunk cost curve, or ANSC. The ANSC equals the average variable costs plus the average non-sunk fixed cost or ANSC
Shutdown_(economics)
Topics referred to by the same term
Center, an office building complex in Buckhead, Atlanta, Georgia, USA Average fixed cost, economic term AAFC (disambiguation) This disambiguation page lists
AFC
Money spent to produce or procure goods or services
motivation. Average cost Cost accounting Cost curve Cost object Direct cost Fixed cost Incremental cost Indirect cost Life-cycle cost Non-monetary economy
Cost
Topics referred to by the same term
fuel Fixed cost, costs of doing business that do not change, such as rent and administration Total cost, fixed plus variable cost Average cost, the total
Cost_(disambiguation)
Concepts in economics
with respect to marginal costs. The average fixed cost curve is a decreasing function because the level of fixed costs remains constant as the output
Long_run_and_short_run
Behavior of individuals and firms
average total cost, average variable cost, average fixed cost, and marginal revenue, which, in a price-taking firm, is equal to demand, average revenue, and
Microeconomics
Strategy of setting prices based on a fixed markup percentage
Cost-plus pricing is a pricing strategy by which the selling price of a product is determined by adding a specific fixed percentage (a "markup") to the
Cost-plus_pricing
Costs of owning and operating a car
motorist underestimates this fixed cost by a significant margin. The IRS considers that the average US automobile has a total cost of US$0.58/mile, around
Car_costs
Comparison of costs of different electricity generation sources
assist governments in making decisions regarding energy policy. On average the levelized cost of electricity from utility scale solar power and onshore wind
Cost_of_electricity_by_source
Concept in economics
good. Two different types of cost are important in microeconomics: marginal cost and fixed cost. The marginal cost is the cost to the company of serving
Natural_monopoly
index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals
List of countries by inflation rate
List_of_countries_by_inflation_rate
semi-variable cost (also referred to as a mixed or semi-fixed cost) is an expense which contains both a fixed cost component and a variable cost component
Semi-variable_cost
Unrecoverable cost that has been incurred
irretrievable payment for the installation should not be deemed a "fixed" cost, with its cost spread out over time. Sunk costs should be kept separate. The
Sunk_cost
Analysis of manufacturing processes
High production levels also minimize the average fixed cost per unit. The process is self-monitoring with a fixed and automated route, which limits labor
Hayes-Wheelwright_matrix
Cost of a company's funds
opportunity cost of capital. If a project is of similar risk to a company's average business activities it is reasonable to use the company's average cost of capital
Cost_of_capital
variable costs divided by Q) plus average fixed costs (total fixed costs divided by Q). average fixed cost The fixed costs (FC) of production divided by
Glossary_of_economics
Decrease in asset values, or the allocation of cost thereof
preserving the historical cost of assets on the balance sheet. If there have been no investments or dispositions in fixed assets for the year, then the
Depreciation
Investment technique
in contrast to dollar cost averaging, which mandates that a fixed amount of money be invested at each period, the value averaging investor may on occasion
Value_averaging
Economic theory
increasing average costs. Cost is measured in terms of opportunity cost. In this case the law also applies to societies – the opportunity cost of producing
Diminishing_returns
Unit selling price minus its variable cost
contributes to the coverage of fixed costs. This concept is one of the key building blocks of break-even analysis. In cost-volume-profit analysis, a form
Contribution_margin
Type of investment
Fixed income is a type of investment under which the borrower or issuer is obliged to make payments of a fixed amount on a fixed schedule. For example
Fixed_income
Mortgage loan repaid in equal installments
consistent, single payment and the ability to plan a budget based on this fixed cost. Other forms of mortgage loans include interest only mortgage, graduated
Fixed-rate_mortgage
Measure of prices in different countries
be compared. Various ways of averaging bilateral PPPs can provide a more stable multilateral comparison, but at the cost of distorting bilateral ones
Purchasing_power_parity
Airline with generally lower fares
A low-cost carrier (LCC) or low-cost airline, also called a budget or discount carrier or airline, is an airline that is operated with an emphasis on minimizing
Low-cost_carrier
Economic measure of business efficiency
average cost per unit would be high because the bulk of the costs would come from fixed costs. But if the firm produces more units, the average cost incurred
Minimum_efficient_scale
Size of a firm that results in the lowest possible production cost per unit of output
of output. If only diseconomies of scale existed, then the long-run average cost-minimizing firm size would be one worker, producing the minimal possible
Optimal_firm_size
Equality of costs and revenues
{\text{TFC}}{P-V}}\end{aligned}}} where: TFC is Total Fixed Costs, P is Unit Sale Price, and V is Unit Variable Cost. The quantity, ( P − V ) {\displaystyle \left(P-V\right)}
Break-even_point
Bridge–tunnel road and railway crossing of the Great Belt in Denmark
(Danish: Storebæltsbroen) or Great Belt fixed link (Danish: Storebæltsforbindelsen) is a multi-element fixed link crossing the Great Belt strait between
Great_Belt_Bridge
Macroeconomic concept
Gross fixed capital formation (GFCF) is a component of the expenditure on gross domestic product (GDP) that indicates how much of the new value added
Gross_fixed_capital_formation
Problem of setting prices by a public monopoly
revenue to cover fixed costs, the optimal solution would be to set the price for each product equal to its marginal cost. If the average cost curve is declining
Ramsey_problem
Rise of salaries in jobs that have seen little rise of productivity
enforcement. Increasing costs in labor-intensive service industries, or below average cost decreases, are not necessarily a result of inefficiency. Due to income
Baumol_effect
Long-lived physical assets used repeatedly in production
accounting, fixed capital is any kind of real, physical asset that is used repeatedly in the production of a product. In economics, fixed capital is a
Fixed_capital
Market structure in which firms are price takers for a homogeneous product
allocatively efficient, as output will always occur where marginal cost is equal to average revenue i.e. price (MC = AR). In perfect competition, any profit-maximizing
Perfect_competition
Fixed annuities are insurance products which protect against loss and generally offer fixed rates of return. The rates are typically based on the current
Fixed_annuity
Inventory theory process
times are fixed and known Replenishments are ordered one at a time Demand is modeled by a continuous probability distribution There is a fixed cost associated
(Q,r)_model
Model in inventory management
total inventory costs by balancing the inventory holding cost and average fixed ordering cost. The EPQ model was developed and published by E. W. Taft
Economic_production_quantity
Multi-course restaurant menu at fixed price
price from €8 to €30, with €10 being the average price.[citation needed] In Romania, the most typical fixed-price menu is called daily menu (meniul zilei)
Table_d'hôte
generation cost is accounted for by fixed costs, the main ones being the cost of paying interest on the loans and repaying the capital..." Capital cost, the
Economics_of_nuclear_power
Model of the constraints of project management
the scope of a project which is fixed and known for a fixed cost and time. In fact the scope can be a function of cost, time and performance, requiring
Project_management_triangle
Sum paid for the use of money
inflation. Allow the interest rate to be periodically changed. While a "fixed interest rate" remains the same throughout the life of the debt, "variable"
Interest
Type of option contract
two types of Asian options: Average Price Option (fixed strike), where the strike price is predetermined and the averaging price of the underlying asset
Asian_option
Difference between the cost and the selling price of a good or service
both fixed and variable expenses to produce and distribute a product. Markup can be expressed as the fixed amount or as a percentage of the total cost or
Markup_(business)
Statistic to indicate the change in typical household expenditure
has averaged 3.3%, while it has averaged 3.8% using CPI. Economics portal Asset price inflation Consumer price index by country Core inflation Cost of
Consumer_price_index
Type of financial statement
supplies, etc.). Depreciation / amortisation - the charge with respect to fixed assets / intangible assets that have been capitalised on the balance sheet
Income_statement
Average price of a product
A product's average price is the result of dividing the product's total sales revenue by the total units sold. When one product is sold in variants, such
Unit_price
Estimates of how many people use the Internet
International Telecommunication Union (ITU). Retrieved 2020-02-28. Estimate "Fixed (wired)-broadband subscriptions per 100 inhabitants 2012" Archived 2019-07-26
Global_Internet_usage
Numerical value to determine the financial condition of a company
(Note: These are not ratios, but values in currency.) COGS = Cost of goods sold, or cost of sales. EBIT = Earnings before interest and taxes EBITDA =
Financial_ratio
Cost advantages obtained via scale of operation
enterprise. When average costs decline as output increases, then economies of scale occur. Some economies of scale, such as capital cost of manufacturing
Economies_of_scale
Accounting term for depreciation of fixed assets
emphasize that fixed capital is used up in the process of generating new output, and because unlike depreciation it is not valued at historic cost but at current
Consumption_of_fixed_capital
Aspect of monopolistic markets
unit to be supplied to the market by the firm. The marginal cost is higher than the average cost because of diminishing marginal product in the short run
Monopoly_price
Facilities and systems serving society
can rest. Engineers generally limit the term "infrastructure" to describe fixed assets that are in the form of a large network; in other words, hard infrastructure
Infrastructure
Measure of cost of online advertising
On the Facebook social networking platform, the term pertains to the average cost for each link click and serves as a metric in online advertising for
Cost_per_action
a loan of $10,000 from a bank to a borrower. Given a fixed interest rate of 5%, the actual cost of the loan, with principal and interest combined, is
Fixed_interest_rate_loan
Microeconomics effect
will be closer to market average. A company which is heavily dependent on a resource supply of a fixed or relatively fixed size will have trouble increasing
Diseconomies_of_scale
Gross profit as a percentage
selling price of an item, less the cost of goods sold (e.g., production or acquisition costs, not including indirect fixed costs like office expenses, rent
Gross_margin
Mortgage loan with an interest rate that changes based on credit markets
reduced margins to the underlying cost of borrowing compared to fixed or capped rate mortgages. In contrast to fixed-rate mortgages, adjustable-rate mortgages
Adjustable-rate_mortgage
Road and railway bridge connecting Sweden and Denmark
of the Scandinavian Peninsula with Mainland Europe, via the Great Belt Fixed Link (constructed 1988–1998) connecting Zealand to Funen and thence to the
Øresund_Bridge
Loan secured using real estate
loan. In addition to the two standard means of setting the cost of a mortgage loan (fixed at a set interest rate for the term, or variable relative to
Mortgage
For the average car owner, depreciation constitutes about half the cost of running a car. The typical motorist underestimates this fixed cost by big margin
Economics_of_car_use
Better to receive money now than later
Cost Of Living Adjustment that you will add to your fixed-benefit pension payment. The growth factor (1+g) applies to both cash flows and the fixed pension
Time_value_of_money
A cost index is the ratio of the actual price in a time period compared to that in a selected base period (a defined point in time or the average price
Chemical_plant_cost_indexes
Devaluation of money's purchasing power
inflation Supply shock Welfare cost of inflation "Consumer Price Index for All Urban Consumers (CPI-U): U.S. city average, by expenditure category, March
Inflation
Operation to remove a tooth
extraction of teeth, either before or after radiation treatments. Lower cost, compared to other treatments. Medically unnecessary extraction as a form
Dental_extraction
Accounting principle
v t e Bond market Bond Debenture Fixed income Types of bonds by issuer Agency bond Corporate bond Senior debt Subordinated debt Distressed debt Government
Deferred_financing_cost
Gambling statistic
and the UK, information about the game cost often includes return-to-player values (for example, the average payout percentage or the percentage of money
Return_to_player
Aspect of tax law
tax rate is fixed and the average tax rate equals this tax rate. In case of tax brackets, commonly used for progressive taxes, the average tax rate increases
Tax_rate
Financial measure for comparing profitability
liabilities (or fixed assets plus working capital requirement). ROCE uses the reported (period end) capital numbers; if one instead uses the average of the opening
Return_on_capital_employed
Power system designed to supply usable electric power from solar energy
collection. However, tracking devices add cost, and require maintenance, so it is more common for PV arrays to have fixed mounts that tilt the array and face
Photovoltaic_system
Electro-mechanical data storage device
A hard disk drive (HDD), hard disk, hard drive, or fixed disk is an electro-mechanical computer data storage device that stores and retrieves digital
Hard_disk_drive
Statistical measure of central tendency
a percentage of the total number of points, but may also be given as a fixed number of points. For most statistical applications, 5 to 25 percent of
Truncated_mean
Economic model
money from the bank, or converting from bonds to money, incurs a fixed transaction cost equal to C {\displaystyle C} per transfer (which is independent
Baumol–Tobin_model
Undersea rail tunnel linking France to the UK
with Coquelles in northern France. Opened in 1994, it remains the only fixed link between Great Britain and the European mainland. The tunnel has the
Channel_Tunnel
Mathematical finance term
make 100% to get back to even. I call this cost that transforms, in this case, a portfolio’s +25% average arithmetic return into a zero CAGR (and hence
Volatility_tax
Pricing method
is a fixed dollar amount that is typically paid at closing. The rate is generally less than a gross 6% commission, resulting in a lowered cost of selling
Flat_rate
Estimation of the cost of a project
chapters on capital investment cost estimation and operating cost estimation. The fixed capital investment provides the physical facilities. The working
Cost_estimate
Measure of passenger carrying capacity
things being equal, an airline with a longer average stage length will have a lower CASM, because fixed costs will account for a lower portion of its
Available_seat_miles
Statistical amount
{x}})^{2}}{n-1}}.} Average Central tendency Mean Standard deviation Summary statistics Weight function Weighted average cost of capital Weighted geometric
Weighted_arithmetic_mean
Process of selecting the path of outbound communications traffic based on cost
telecommunications, least-cost routing (LCR) is the process of selecting the path of outbound communications traffic based on cost. Within a telecoms carrier
Least-cost_routing
Market and non-market factors that determine pricing
subsidies, to reduce the after-subsidy cost to the consumer. For example, a study published in 2016 found that the average requested 2017 premium increase among
Health care prices in the United States
Health_care_prices_in_the_United_States
Type of rechargeable battery
commercial interest in the 2010s and early 2020s, largely due to lithium's high cost, uneven geographic distribution, and environmentally damaging extraction
Sodium-ion_battery
SIP investment
amount is fixed, the number of units purchased varies with the NAV. This mechanism leads to the primary benefits of SIPs: Rupee Cost Averaging: This is
Systematic_investment_plan
Process to determine the highest profits for a firm
the short run span of time under consideration. Fixed cost and variable cost, combined, equal total cost. Revenue is the amount of money that a company
Profit_maximization
Insurance, Fixed 6.75% APR, 24-year term, $29.7 million balance (2/29/16). Power Sales Contract: NV Energy, 25-year term, Contract Average Energy Price
U.S._Geothermal
higher than the European Union (EU) average of 89.57%. Ireland's progress in digital infrastructure spans both the fixed and mobile broadband sectors. By
Internet in the Republic of Ireland
Internet_in_the_Republic_of_Ireland
Political event in the United Kingdom
and will remain, completely fixed on the long-term renewal of this country, regardless of the short-term political cost.". While this conference bought
2026 Labour Party leadership crisis
2026_Labour_Party_leadership_crisis
individual units of product. It assigns average costs to each unit, and is the opposite extreme of Job costing which attempts to measure individual costs
Process_costing
Marketing concept
are generally available to cost-conscious private customers whose primary concerns were price, fuel economy and basic low-cost transportation. The concept
No_frills
Ongoing expense of operating a business
an important cost element, alongside direct materials and direct labor. Overheads are often related to accounting concepts such as fixed costs and indirect
Overhead_(business)
Levies on hydrocarbons in the North American country
undergone many revisions. While most fuel taxes were initially levied as a fixed number of cents per gallon, as of 2016[update], nineteen states and District
Fuel taxes in the United States
Fuel_taxes_in_the_United_States
Stated value or face value of a financial instrument
callable common stock: the call price is usually either par value or a small fixed percentage over par value. The shares in a corporation may be issued partly
Par_value
about to kiss before the screen goes black. Snake Eyes The camera stays fixed on one of the pillars in the stadium throughout the end credits, only to
List of films with post-credits scenes
List_of_films_with_post-credits_scenes
AVERAGE FIXED-COST
AVERAGE FIXED-COST
Boy/Male
Tamil
Moderate, Average
Boy/Male
Muslim/Islamic
Moderate average
Girl/Female
Bengali, Indian, Kannada, Marathi
Firmly Fixed
Surname or Lastname
English
English : variant spelling of Everidge.
Girl/Female
Hindu
Fixed
Boy/Male
Indian, Sanskrit
Firmly Fixed
Girl/Female
Tamil
Fixed
Boy/Male
Muslim
Moderate, Average
Girl/Female
Assamese, Bengali, Gujarati, Hindu, Indian, Kannada, Malayalam, Marathi, Oriya
Firmly Fixed
Boy/Male
Indian, Sanskrit
Firmly Fixed
Girl/Female
Hindu, Indian, Marathi
Directed; Fixed
Girl/Female
Bengali, Gujarati, Hindu, Indian, Kannada, Malayalam, Marathi, Sindhi, Telugu
Fixed
Girl/Female
Tamil
Dhruvika | தà¯à®°à¯à®µà®¿à®•à®¾
Firmly fixed
Dhruvika | தà¯à®°à¯à®µà®¿à®•à®¾
Boy/Male
Arabic, Muslim, Sindhi
Moderate; Average
Boy/Male
Indian, Sanskrit
Well Fixed
Girl/Female
Tamil
Fixed
Boy/Male
Indian, Sanskrit
Fixed
Boy/Male
Hindu, Indian, Kannada, Telugu
Fixed
Boy/Male
Hindu
Moderate, Average
Girl/Female
Gujarati, Indian
Firmly Fixed
AVERAGE FIXED-COST
AVERAGE FIXED-COST
Boy/Male
Hindu, Indian, Kannada, Telugu
Free of Anger
Girl/Female
Australian, Hebrew
Oath
Boy/Male
Tamil
Lover
Girl/Female
Indian, Kannada, Tamil, Traditional
Globe; World; Humankind
Boy/Male
Arabic, Hindu, Indian, Kannada, Muslim, Sindhi, Telugu
Intelligent; Radiant; Bright; Shining
Girl/Female
Tamil
Sharnitha | à®·à®°à¯à®¨à¯€à®¤à®¾Â
Female
African
savior.
Girl/Female
Afghan, Arabic, Celebrity, Gujarati, Hindu, Indian, Kannada, Marathi, Muslim
Unique; Matchless; Precious Pearl or Gem
Boy/Male
Hindu, Indian
Goddess Laksmi
Boy/Male
Dutch, Finnish, French, German, Greek
God's Gift; Gift from God
AVERAGE FIXED-COST
AVERAGE FIXED-COST
AVERAGE FIXED-COST
AVERAGE FIXED-COST
AVERAGE FIXED-COST
v. t.
To combine or charge with gas; usually with carbonic acid gas, formerly called fixed air.
n.
An average.
v. t.
To supply or impregnate with common air; as, to aerate soil; to aerate water.
a.
According to the laws of averages; as, the loss must be made good by average contribution.
v. i.
To form, or exist in, a mean or medial sum or quantity; to amount to, or to be, on an average; as, the losses of the owners will average twenty five dollars each; these spars average ten feet in length.
p. pr. & vb. n.
of Average
n.
Parched maize, ground, and mixed with sugar, etc. Mixed with water, it makes a nutritious beverage.
v. t.
To divide among a number, according to a given proportion; as, to average a loss.
n.
Acres collectively; as, the acreage of a farm or a country.
a.
Pertaining to an average or mean; medial; containing a mean proportion; of a mean size, quality, ability, etc.; ordinary; usual; as, an average rate of profit; an average amount of rain; the average Englishman; beings of the average stamp.
n.
A mean proportion, medial sum or quantity, made out of unequal sums or quantities; an arithmetical mean. Thus, if A loses 5 dollars, B 9, and C 16, the sum is 30, and the average 10.
a.
Repaired by foxing; as, foxed boots.
v. t.
To do, accomplish, get, etc., on an average.
a.
Securely placed or fastened; settled; established; firm; imovable; unalterable.
imp. & p. p.
of Fix
n.
A beverage consisting of lemon juice mixed with water and sweetened.
v. t.
Liquid for drinking; drink; -- usually applied to drink artificially prepared and of an agreeable flavor; as, an intoxicating beverage.
imp. & p. p.
of Average
n.
A rod or staff, carried as an emblem of authority; as, the verge, carried before a dean.
a.
Stable; non-volatile.