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Average cost   /ˈævərɪdʒ kɑst/   Listen
Average cost

noun
1.
Total cost for all units bought (or produced) divided by the number of units.






WordNet 3.0 © 2010 Princeton University








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"Average cost" Quotes from Famous Books



... renowned, the world over, and consequently three tenths of all the pianos made in Paris are exported to foreign countries. France, too, owing to the cheapness of labor, can make a better cheap piano than any other country. In 1852, there were ten thousand pianos made in Paris, at an average cost of one thousand francs each; and, we are informed, a very good new upright piano can now be bought in France for one hundred dollars. But in France the average wages of piano-makers are five francs per day; in London, ten shillings; in New York, four dollars and ...
— The Atlantic Monthly, Volume 20, No. 117, July, 1867. • Various

... hundred and twenty thousand six hundred and twenty-one men were raised, at an average cost (on account of recruitment exclusive of bounties,) of $9.84 per man, while the cost of recruiting of 1,356,593 raised prior to the organization of the Bureau was $34.01 per man. A saving of over seventy cents on the dollar in the ...
— Key-Notes of American Liberty • Various

... agent said. "Quicker to 'phone even if only in the next room. Average conversation, six minutes; average telephone conversation, two minutes; average value of my time for six minutes, eighteen cents; average cost of 'phone for two minutes, one cent; direct saving to me seventeen cents, not counting time of your traveling to ...
— The Boy With the U.S. Census • Francis Rolt-Wheeler

... Spanish cigars, pay a tax, I am informed by good judges, of not less than fifty dollars a year. While the moderate consumer of Scotch snuff pays from one to two dollars. Somewhere between these wide extremes, may be found the fair estimate of an average cost. If one fifth of the whole number of consumers should pay the highest estimate, it would amount to ten millions annually. Then if three-fifths pay but ten dollars apiece, it will amount to six millions; and if the remaining one-fifth pay but one dollar each, we shall have ...
— A Dissertation on the Medical Properties and Injurious Effects of the Habitual Use of Tobacco • A. McAllister

... fifteen millions of gallons, or nearly one half the product. The openness of the frauds can be judged by the fact that proof spirits were "openly sold in the market, and even quoted in price-currents, at from five to fifteen cents less per gallon than the rate of tax and the average cost of manufacture."(348) ...
— Principles Of Political Economy • John Stuart Mill

... as object-lessons to the towns and counties that still leave their roads a stretch of mud or sand.[Footnote: It is estimated that ninety per cent of the public roads in the United States are still unimproved; that the average cost of hauling produce is twenty-five cents a mile-ton, as against twelve cents in France; that $300,000,000 a year would be saved in hauling expenses if our roads were as good as those of western Europe.] All of these material improvements have their civilizing ...
— Problems of Conduct • Durant Drake



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