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
0
Answer:
hdjdjehgdbdjdkdjdhdgdhdndkdkdkjddhdhhdhdjd
Step-by-step explanation:
jdjdhdgdvdbdsosisysgdhdkdodidudhdjdjfkd
Answered by
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.
Similar questions
English,
9 days ago
Social Sciences,
9 days ago
Computer Science,
18 days ago
English,
8 months ago
Political Science,
8 months ago