Examlex
A segment margin is always greater than or equal to zero.
Average Total Cost
The total cost of production (fixed and variable costs combined) divided by the total quantity of output produced.
Average Variable Cost
Average variable cost is the total variable cost of production divided by the number of units produced, indicating the variable cost per unit.
Average Variable Cost
The total variable costs (costs that change with production volume) divided by the number of units produced.
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