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Introduction to Economics 1
Introduction to Economics 1 Deneme Sınavı
Introduction to Economics 1 Deneme Sınavı Sorusu #1266797
Introduction to Economics 1 Deneme Sınavı Sorusu #1266797
Average revenue is calculated with the formula:
Average Revenue (AR)=Price (P) x Quantity (Q). |
Average Revenue (AR) = Total Revenue (TR) / Quantity (Q). |
Average Revenue(AR)= ΔTotal Revenue (ΔTR) / ΔQuantity (ΔQ). |
Average Revenue (AR) = Marginal Revenue (MR) - Marginal Cost (MC). |
Average Revenue (AR)= Total Revenue (TR) / Price (P). |
Yanıt Açıklaması:
Average revenue which tells us how much revenue a firm gets for each unit sold, is calculated with the formula : Average Revenue (AR) = Total Revenue (TR) / Quantity (Q).
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