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).
Each is derived from a corresponding total--total cost, total fixed cost, and total variable cost.Average Total Cost: This is per unit total cost, or total cost divided by the quantity of output produced. Average Fixed Cost: This is per unit total fixed cost, or total fixed cost divided by the quantity of output produced. 2  Because fixed cost does not vary with output, average fixed cost declines with larger quantities of production.