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Average fixed cost (AFC) is an economics term to describe the total fixed costs (TFC) divided by the number of units produced.
$left\; (frac\{TFC\}\{Q\}\; right\; )\; =\; AFC$; TFC = total fixed cost, Q = quantity of units produced## See also

Average variable cost plus average fixed cost equals average total cost.

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Last updated on Friday September 19, 2008 at 16:25:10 PDT (GMT -0700)

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This article is licensed under the GNU Free Documentation License.

Last updated on Friday September 19, 2008 at 16:25:10 PDT (GMT -0700)

View this article at Wikipedia.org - Edit this article at Wikipedia.org - Donate to the Wikimedia Foundation

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