Economy, asked by sushmithamahesh2003, 3 months ago

state the meaning of average revenue and margina revenue

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Answered by devika2271

Answer:

A firm's average revenue is its total revenue earned divided by the total units. A competitive firm's marginal revenue always equals its average revenue and price. This is because the price remains constant over varying levels of output.

Answered by anshika1802

Answer:

Hello mate

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state the meaning of average revenue and margina revenue​

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state the meaning of average revenue and margina revenue