Average revenue

 

 

 

Average revenue

 

Glossary of business

 

Definition of average revenue

 

The average revenue is the total revenue divided by the level of output. It is equivalent to the price because it is the revenue the firm receives for each unit.

 

Source : http://business-tes.wikispaces.com/file/view/Glossary.doc

link: http://business-tes.wikispaces.com/

Author : not indicated on the source document of the above text

 

Terminology about business

 

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Definition and meaning of average revenue

 

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Meaning of average revenue

 

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