After all, before that capability, âIt used to be that girls would bring a suitcase of Girl Scout cookies when they went to visit grandma,â says Anna Maria ChÃ¡vez, CEO of Girl Scouts of the USA. âThe number one reason people donât buy Girl Scout cookies is because they canât find a Girl Scout.
Average Costs Edit. 1  Definition. 2  Average cost is equal to total cost divided by the number of goods produced (the output quantity, Q). 3  It is also equal to the sum of average variable costs (total variable cost divided by Q) plus average fixed costs (total fixed costs divided by Q).
Total costs are the sum of all costs. By dividing the total costs by the quantity produces, one gets the average costs: how much a unit of production costs (unit cost). Average costs can be directly compared with price to compute profitability: if the price is higher than average cost, the production is profitable.