Question

What is revenue and its three types? In eco

Answer 1

hey mate...
here is ur answer..

Revenue is money earned by a business, or income received by the government from taxes. ... Or you might look for more creative and exciting ways to increase revenue––like raiding the pantry for cookies you can sell as well.

sales.
rent revenue
divided revenue..

I hope it's help u..

Answer 2

Heya....

See here for your answer.....

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√ Revenue ---

The revenue of the firm is its sale receipts or money from the sale of a product ...

Or...

After selling a commodity whatever the money a firm received is called revenue ....

Revenue = Cost + Profit

√ Types of revenue ...

1 Total revenue

Total money receipt of firm after selling all the commodities...

2 Marginal Revenue

Change in total revenue when one more unit is sold ..

3 Average revenue

The per unit receipt of a sold commodity....

Thank you