average cost (Meaning)
Wordnet
average cost (n)
total cost for all units bought (or produced) divided by the number of units
Synonyms & Antonyms of average cost
No Synonyms and anytonyms found
average cost Sentence Examples
- The average cost of living in the city has been steadily increasing over the past few years.
- When planning our budget, we need to consider the average cost of groceries per month.
- The university provided estimates for the average cost of textbooks for each academic year.
- In economics, average cost refers to the total cost divided by the quantity produced.
- We calculated the average cost of transportation for our vacation to ensure we stayed within budget.
- The government published reports on the average cost of healthcare services in different regions.
- As a business owner, it's important to monitor the average cost of production to maintain profitability.
- The financial advisor recommended diversifying investments to spread risk and reduce the impact of fluctuations in average costs.
- Before purchasing a new car, it's essential to research the average cost of insurance for different models.
- The real estate agent provided data on the average cost of homes in various neighborhoods to help us find the right location.
FAQs About the word average cost
total cost for all units bought (or produced) divided by the number of units
No synonyms found.
No antonyms found.
The average cost of living in the city has been steadily increasing over the past few years.
When planning our budget, we need to consider the average cost of groceries per month.
The university provided estimates for the average cost of textbooks for each academic year.
In economics, average cost refers to the total cost divided by the quantity produced.
