Average Fixed Cost

Average Fixed Cost (AFC)
Average Fixed Cost (AFC) is a cost metric in economics that measures the fixed costs on a per-unit basis. It is calculated by dividing the total fixed costs by the number of units produced.
Average Fixed Cost (AFC)
Average Fixed Cost (AFC) is a financial metric in economics which is calculated by taking the total fixed costs (TFC) of production and dividing them by the total output (Q) produced. AFC helps in understanding how fixed costs are spread across units produced, giving insights into the cost structure of production.

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