हिंदी

Define Or Explain the Following Concepts Microeconomics - Economics

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प्रश्न

Define or Explain the following  concepts

Average revenue

उत्तर

Average Revenue is defined as the revenue earned per unit of output sold. Average Revenue is the same as the price of the output. It is obtained by dividing Total Revenue by the quantity of output sold.

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2013-2014 (October)

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