The following recipe, Make-It-Mine Pot Roast, provides a basic formula for braising pot roast using your choice of liquid seasoning, dried herbs, potatoes, and vegetables. With hands-on prep time of just 30 minutes (and a cooking time of 1 hour 45 minutes), the recipe makes 6 to 8 servings.
Rabina Sherchan. Average Variable Cost (AVC) is defined as total variable cost divided by the number of units of output. Average variable cost helps to provide a measure of variable costs on a per unit basis. The formula can be represented as Total Variable Cost divided by the output. AVC=TVC/output.
Understanding the Relationship between Marginal Cost and Average Variable Cost. Âª Review: Marginal cost (MC) is the cost of producing an extra unit of output. Review: Average variable cost (AVC) is the cost of labor per unit of output produced. When MC is below AVC, MC pulls the average down. When MC is above AVC, MC is pushing. the average up; therefore MC and AVC intersect at the lowest AVC. You should understand the exact relationship.