Advertisement - Continue reading below

Definition of "average cost" []

  • Total cost for all units bought (or produced) divided by the number of units (noun)

WordNet. Princeton University. 2010.

Use "average cost" in a sentence
  • "The average cost of preparing a French-dubbed version of an English-language film can reach $100,000, partly due to the star salaries demanded by dubbing actors."
  • "When the law was enacted, Mr. Nothhaft dryly observes, the government estimated that the average cost of compliance would be $91,000."
Words like "average cost"