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What is revenue , total revenue, average revenue and marginal revenue??

User Wchargin
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Answer:

Revenue:-revenue is the total amount of income generated by the sale of goods and services related to the primary operations of the business.

Step-by-step explanation:

Total revenue:-Total revenue is the total receipts a seller can obtain from selling goods or services to buyers.

Average revenue:-Average revenue per user, sometimes known as average revenue per unit, is a measure used primarily by consumer communications, digital media, and networking companies, defined as the total revenue divided by the number of subscribers.

Marginal revenue:-the revenue gained by producing one additional unit of a product or service.

hope its help you.......

User Ganesh Ghuge
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