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average cost vs price

price vs average cost

average cost and price both are nouns.

average cost is not a verb while price is a verb.

Word NounAdjectiveVerbAdverb
average cost Yes No No No
price Yes No Yes No
As nouns, price is a hypernym of average cost; that is, price is a word with a broader meaning than average cost:
  • average cost: total cost for all units bought (or produced) divided by the number of units
  • price: the property of having material worth (often indicated by the amount of money something would bring if sold)
Other hypernyms of average cost include cost, monetary value.
average cost (noun) price (noun)
total cost for all units bought (or produced) divided by the number of units the property of having material worth (often indicated by the amount of money something would bring if sold)
the high value or worth of something
value measured by what must be given or done or undergone to obtain something
a monetary reward for helping to catch a criminal
the amount of money needed to purchase something
cost of bribing someone
average cost (verb) price (verb)
ascertain or learn the price of
determine the price of
Difference between average cost and price

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