AR is shown by TR/Q, P*Q, TC/Q,none of these
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It is shown by TR/Q.
- The term AR stands for the average revenue.
- The revenue received with each unit of production is referred to as AR. It is also known as the revenue created by the seller where each unit of the product is sold.
- It is shown as TR/Q, where TR is the total revenue and Q is the total output.
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