Math, asked by sheetalshaviverma, 18 days ago

if we have rs 12,we can say it is about rs10. but if we have rs18, we can say it is about rs20​

Answers

Answered by abolitsumib
0

Answer:

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Step-by-step explanation:

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Answered by simpleperson85
6

Answer:

Average revenue is simply the revenue earned per unit of the output. In simpler words, it is the price of one unit of the output. Average revenue is expressed as follows:

AR=TRQ

… where AR – Average Revenue, TR – Total Revenue, and Q – Quantity of the commodity sold.

By using the formula for total revenue, we get

AR=P×QQ

Or AR = P

For example, a firm sells 100 units of a commodity and realizes a total revenue of Rs. 1,000. Therefore, its average revenue is

AR=1000100=Rs.10

Hence, the firm sells the commodity at a price of Rs. 10 per unit.

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