Average fixed cost (AFC)
Definition: Total fixed costs divided by the total number of units produced, which results in a per-unit cost
ModerateModerate
Total fixed costs divided by the total number of units produced, which results in a per-unit cost
Definition: Total fixed costs divided by the total number of units produced, which results in a per-unit cost
Total fixed costs divided by the total number of units produced, which results in a per-unit cost