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  1. Average cost - Wikipedia

    In economics, average cost or unit cost is equal to total cost divided by the number of units of a good produced: A C = T C Q. {\displaystyle AC={\frac {TC}{Q}}.} It is also equal to the sum of average variable costs and average fixed costs Average costs may be dependent on the time period considered. Average costs affect the supply curve and are a fundamental component of supply and demand.

  2. Average cost method - Wikipedia

    The average cost is computed by dividing the total cost of goods available for sale by the total units available for sale. This gives a weighted-average unit cost that is applied to the units in the ending inventory. There are two commonly used average cost methods: Simple Weighted-average cost method and perpetual weighted-average cost method.

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  4. Cost - Wikipedia

    Social costs are the sum of private costs and external costs. For example, the manufacturing cost of a car (i.e., the costs of buying inputs, land tax rates for the car plant, overhead costs of running the plant and labor costs) reflects the private cost for the manufacturer (in some ways, normal profit can also be seen as a cost of production ...

  5. Cost estimate - Wikipedia

    A cost estimate is the approximation of the cost of a program, project, or operation.The cost estimate is the product of the cost estimating process. The cost estimate has a single total value and may have identifiable component values.

  6. How much money does Wikipedia cost on a yearly basis? - Quora

    Let's state that on a monthly basis, so $42.1 / 12 = $3.51 million per month. Then, from Wikimedia Report Card: 483 million unique visitors (per month) Therefore the cost per month is $0.007 per unique user per month. That's less than a penny a month per user, or 8.4 cents per year.

  7. Marginal cost - Wikipedia

    The first component is the per-unit or average cost. The second component is the small increase in cost due to the law of diminishing marginal returns which increases the costs of all units sold. Marginal costs can also be expressed as the cost per unit of labor divided by the marginal product of labor.

  8. Car costs - Wikipedia

    The car internal costs are all the costs consumers pay to own and operate a car. Normally these expenditures are divided by fixed or standing costs and variable or running costs. [4] Fixed costs are those ones which do not depend on the distance traveled by the vehicle and which the owner must pay to keep the vehicle ready for use on the road ...

  9. Average - Wikipedia

    In colloquial language, an average is a single number taken as representative of a list of numbers. Different concepts of average are used in different contexts. Often "average" refers to the arithmetic mean, the sum of the numbers divided by how many numbers are being averaged.

  10. Gasoline and diesel usage and pricing - Wikipedia

    Between 2004 and 2008, there was an increase in fuel costs due in large part to a worldwide increase in demand for crude oil. Prices leapt from $35 to $140 per barrel ($220 to $880/m 3 ), causing a corresponding increase in gas prices. [10]

  11. Average Cost Method Definition - Investopedia

    The average cost method assigns a cost to inventory items based on the total cost of goods purchased or produced in a period divided by the total number of items purchased or produced. The average...