释义 |
average fixed cost
Average Fixed CostA measure of fixed costs per unit. One calculates the average fixed costs by adding up the total one spends over a period of time and dividing by the number of units. For example, if one pays $500 per month in rent and wishes to calculate the average fixed costs for a year, one divides the $6,000 one spends on rent by 12 months.average fixed cost see AVERAGE COST ( SHORT-RUN).AcronymsSeeairman first class |