Economy, asked by vishlpadhiyar9015, 5 months ago

What is the meaning of average revenue ? Give example

Answers

Answered by rakesh329

2

Explanation:

Average revenue is referred to as the revenue that is earned per unit of output. It can also be said that it is the revenue that is obtained by the seller on selling each unit of the commodity. Average revenue of a business is obtained by dividing the total revenue with the total output.

Answered by savitadevi8429

2

Answer:

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Explanation:

Average revenue is referred to as the revenue that is earned per unit of output. It can also be said that it is the revenue that is obtained by the seller on selling each unit of the commodity. Average revenue of a business is obtained by dividing the total revenue with the total output.

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