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average cost

NOUN
  1. total cost for all units bought (or produced) divided by the number of units

How To Use average cost In A Sentence

  • The unit cost function represents marginal and average costs.
  • The price in column 4 is simply 20 percent on the corresponding average cost from year 2 onwards.
  • The average cost of a new house has gone up by 5% to £76 500.
  • An all-file-sharing environment would eviscerate the capital resources that make the technological development possible, and probably drive up the average cost to home-recorders considerably.
  • In particular, let the average cost curves for firms in one country lie everywhere below those in the other.
  • The average cost is £15 for travelling expenses plus £5 for the straw of semen.
  • Customer complaints dropped off sharply, as did the average cost of a typical call.
  • The average cost of the holiday was 4,000. Times, Sunday Times
  • The average cost of a full three-course meal - appetizer, main course and dessert - including tip and a modest wine is about $25.
  • The average cost of the holiday was 4,000. Times, Sunday Times
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