Economy, asked by jesikaatwal55870, 9 months ago

which concept of revenue can be called price​

Answers

Answered by SwaGduDe
11

Answer:

Hence, the total revenue refers to the amount of money realized by a firm on the sale of a commodity. Total revenue is expressed as follows: TR = P x Q where TR – Total Revenue, P – Price, and Q – Quantity of the commodity sold.

Answered by ladybug12
10

Average revenue is also called to be price as it's same as price of the commodity

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