Total Variable Cost
Key Facts
Abbreviation
TVC
Pronunciation
/ˈtoʊtəl ˈvɛriəbəl kɔst/
Category
Governmental
Related Field
Military
Examples in Context
- It is drawn to intersect both average total cost and average variable cost at their lowest points.
- If the price is between average total cost and average variable cost at the profit-maximizing output, then the firm is said to be in a loss-minimizing condition.
- This paper also discusses cost efficiency evaluation under fixed inputs. There are two methods to cost computation : total cost method and variable cost method. The paper analyses advantages and disadvantage of the two methods and provides conditions under which each can be used.
- The chart shows that the fixed costs are represented be the difference between the total cost line and the variable cost line.
- Total cost is fixed cost plus variable cost.
Other meanings of TVC
TV Commercial
Business
Total Variable Costs
Business
True Vocal Cord
Medical
Total Viable Count
Medical
tal Viable Count
Misc
Timed Vital Capacity
Medical
Tri Valley Conference
Community