| 单词 | average cost |
| 释义 | average cost average cost1. The average cost per unit of output calculated by dividing the total costs, both fixed costs and variable costs, by the total units of output. average life A somewhat artificial measure sometimes used to compare bonds of different duration and different repayment schedules. It is calculated as the average of the periods for which funds are available, weighted by the amounts available in each of these periods. |
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