AVC

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Definition	:	Average Variable Cost
Category	:	Business » Business Terms
Country/ Region	:	Worldwide
Popularity	:
Type	:	Initialism

What does AVC mean?

Average Variable Cost (AVC) refers to the variable cost per unit of goods or services.
AVC is calculated by dividing the total variable cost during the period by the number of units.

Note:
Variable cost directly varies with the output. It is the cost that varies in relation to either production volume or the number of services provided.

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Frequently Asked Questions

What is the full form of AVC in Economics?

The full form of AVC is Average Variable Cost

What are the full forms of AVC in Business?

Average Variable Cost | Additional Voluntary Contribution | American Viscose Corporation

What are the full forms of AVC in Worldwide?

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AVC