Economy, asked by Arshmann12345, 11 months ago

concepts of revenue explain

Answers

Answered by mahendrarajbhar83867

Answer:

Revenue refers to the amount received by a firm from the sale of a given quantity of a commodity in the market. Revenue is a very important concept in economic analysis. It is directly influenced by sales level, i.e., as sales increases, revenue also increases.

Previous Question

Next Question

Similar questions

English, 5 months ago

have you afraid of something ? what Will you do to overcome that fear...

Sociology, 5 months ago

Why are local level businesses important?

Math, 5 months ago

"There is no green fire truck." is _________ statement. (a) a conditional (c) an existential (b) an universal (d) an existential conditional...

Science, 11 months ago

which of the following statement is false? a) e. m. waves travels with velocity of light in air. b) e. m. waves need not require medium to travel. C) e. m. waves can be produced by changing electric and magnetic field. d) e. m. waves have no particle like property.

English, 11 months ago