# data[].attributes.body
It does not require an outlay of money; it is measured by the value, in dollar terms, of benefits that are forgone.

# data[].attributes.body
A cost that involves actually laying out money.

# data[].attributes.body
The fraction of the total industry output accounted for by that firm's output.

# data[].attributes.body
When long-run average total cost declines as output increases.

# data[].attributes.body
It is the variable cost per unit of output.

# data[].attributes.body
It is the fixed cost per unit of output.

# data[].attributes.body
Referred to simply as average cost, it is the total cost divided by quantity of output produced.

# data[].attributes.body
It shows how total cost depends on the quantity of output.

# data[].attributes.body
A cost that doesn't depend on the quantity of output produced. It is the cost of the fixed input.

# data[].attributes.body
It is a cost that depends on the quantity of output produced. It is the cost of the variable input.

# data[].attributes.body
A given quantity of output is the sum of the fixed cost and the variable cost of producing that quantity of output.