{"version":"1.0","type":"link","title":"Average variable cost - Newikis","description":"In economics, average variable cost (AVC) is a firm's variable costs (VC; labour, electricity, etc.) divided by the quantity of output produced (Q):","provider_name":"Newikis","provider_url":"https://newikis.com","cache_age":86400,"thumbnail_url":"https://upload.wikimedia.org/wikipedia/commons/c/c5/Shortruncostcurves.jpg","thumbnail_width":584,"thumbnail_height":356}