What is the meaning of average cost?

noun

  • Total cost for all units bought (or produced) divided by the number of units. .
WordNet 3.0 © 2006 by Princeton University
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APAWordNet. (2010). average cost. Retrieved September 21, 2026, from http://smartdefine.org/average_cost/definitions/1211733
ChicagoWordNet. 2010. "average cost" http://smartdefine.org/average_cost/definitions/1211733 (accessed September 21, 2026).
HarvardWordNet 2010, average cost, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/average_cost/definitions/1211733>.
MLAWordNet. "average cost" 23 October 2010. Web. 21 September 2026. <http://smartdefine.org/average_cost/definitions/1211733>
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