Question

Explain Average Revenue​

Answer 1

Answer:

Average revenue is defined as the measurement of the revenue that is generated per unit. ... This is usually calculated as the total revenue that is divided by the number of units, number of users, or number of subscribers.

Answer 2

Answer:

Average revenue is referred to as the revenue that is earned per unit of output. In other words, it is the revenue that is obtained by the seller on selling each unit of the commodity. Average revenue of a business is obtained by dividing the total revenue with the total output.

Explanation:

Average revenue = Total revenue / quantity of units or users

Revenue refers to all the money a company earns during a specific time period.

if a firm sells 50 products, and the total revenue is 1000, the average revenue will be 20(1000/50).