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Average total costs at a private school are more than thirty two thousand dollars a year.
Given high fixed costs, the new price was below average total cost, resulting in a loss.
The average total cost for the initial treatment of a childhood cancer patient (over three years) was $71,610.
A 10% increase in turnover rate is estimated to reduce average total costs by approximately 6%.
Average total cost for gear, including skates but without a cut resistant suit, is about $345.
He claimed the new charges were still 'significantly less' than the average total cost of a single prescription item.
Across all projects included in the evaluation, the survey data indicate that the average total cost was about $1.4 million (Exhibit 2.3).
They report that the average total cost of care per month per patient was $1,946, with substantial variation across age groups.
The book notes that in Iran, private water companies are allowed to charge up to the average total cost of providing water services.
As the average total cost curve also meets at this point, the firm is thus earning normal profits in the long run.
The average total cost to insure a Medicare-eligible state retiree is $347 a month.
In Maryland, the average total cost of a life sentence is $1 million, compared with $3 million to carry out the death penalty, he said.
The long run shutdown point for a competitive firm is the output level at the minimum of the average total cost curve.
The average total cost for a U.S. one bedroom independent senior living apartment is $2,750 per month.
Productive efficiency occurs when units of goods are being supplied at the lowest possible average total cost.
Respondents also reported an average total cost savings of 15% when booking on-line, and a 50% reduction in agency fees.
Firms experiencing increasing returns to scale are also experiencing decreasing average total costs.
Mr. Batchelder put the group's average total cost, including expenses from three takeover bids, at $14 a share.
Given its production function and cost structure, it knows its average total costs at that output level will be represented as point A .
The average total cost for a taxation year is determined solely with reference to costs at the beginning and at the end of the year.
In the subsequent period they were approximately equivalent to average variable costs, but significantly below average total costs.
Therefore, in industries with large initial investment requirements, average total cost declines as output increases over a much larger range of output levels.
If all fixed costs are non-sunk, then (a competitive) firm would shut down if the price were below average total costs.
This paper describes the methodology that has been used to determine the average total cost of production and the number of units of output produced.
The unit cost has been defined as being the average total cost of producing one unit of output.