113k views
7 votes
What is revenue , total revenue, average revenue and marginal revenue??

User Wchargin
by
9.5k points

1 Answer

8 votes

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
by
7.7k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.