Price and Average revenue are always same. ਕੀਮਤ ਅਤੇ ਔਸਤ ਆਮਦਨ ਸਮਾਨ ਹੁੰਦੇ ਹਨ। कीमत एवं औसत आमदन हमेशा समान होते हैं। *
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Answered by
2
Explanation:
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Answered by
1
Answer:
Average Revenue (AR) is defined as the revenue earned per unit of output sold. AR is the same as the price(P) of the output(Q). Algebraically, it can be expressed as follows:
AR=
Q
TR
,whereTRistotalrevenue
⇒AR=
Q
P×Q
⇒AR=P
Thus , AR is always equal to the price of the output.
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