production to increase. For any factory, the fix cost should be all the money paid on capitals and land. Such fixed costs as buying machines and land cannot be...

In economics, average fixed cost (AFC) is the fixed costs of production (FC) divided by the quantity (Q) of output produced. Fixed costs are those costs...

variable (adjustable) T = total (fixed plus variable) C = cost These can be combined in various ways to express different cost concepts (with SR and LR often...

not the fixed cost of the factory building that do not change with output. The marginal cost can be either short-run or long-run marginal cost, depending...

consistent, single payment and the ability to plan a budget based on this fixed cost. Other forms of mortgage loans include interest only mortgage, graduated...

of total cost or variable cost. Either of these derivatives work because the total cost includes variable cost and fixed cost, but fixed cost is a constant...

(and hence the first derivative of variable cost). A typical average cost curve has a U-shape, because fixed costs are all incurred before any production...

{\displaystyle AVC={\frac {VC}{Q}}} Average variable cost plus average fixed cost equals average total cost (ATC): A V C + A F C = A T C . {\displaystyle AVC+AFC=ATC...

Fixed costs and variable costs make up the two components of total cost. Direct costs are costs that can easily be associated with a particular cost object...

irretrievable payment for the installation should not be deemed a "fixed" cost, with its cost spread out over time. Sunk costs should be kept separate. The...