Business GCSE
Average unit cost
What Average unit cost means in Business GCSE, as defined for AQA.
Definition of Average unit cost
Check what you remember
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Reference: AQA
Total cost divided by output, written as AUC = total cost ÷ quantity produced.
Topics that use Average unit cost
- Expanding a business (AQA GCSE)
Related terms
- Diseconomies of scale
- Economies of scale
- External growth
- Fixed Costs
- Franchising
- Horizontal, vertical and conglomerate integration
- Internal (organic) growth
- Internal and external factors
Using Average unit cost in the exam
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