Definition of Average Total Cost

Definition: Average total cost is the sum of all the production costs divided by the number of units produced.

Terms related to Average Total Cost:

• The Cost Curve
• Average Propensity to Consume
• Structural Moving Average

About.Com Resources on Average Total Cost:

• How to Understand and Calculate Cost Measures
• Marginal Revenue and Marginal Cost Practice Question
• What Does Free Trade Lead To?

Writing a Term Paper? Here are a few starting points for research on Average Total Cost:

Books on Average Total Cost:

• Microeconomics
• How to Prepare for the Ap Macro/micro Economics
• Microeconomics for MBAs

Journal Articles on Average Total Cost:

• How much do persons with Alzheimer's disease cost Medicare?
• The single-vendor single-buyer integrated production-inventory model with a generalised policy
• The Costs of Visits to Emergency Departments