No products in the cart.

How AR = Price ? Justified

CBSE, JEE, NEET, CUET

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

How AR = Price ? Justified

Posted by Deepak Kumar 7 years ago

CBSE > Class 12 > Economics

3 answers

Rajat Sharma 7 years ago

We know that AR equal to TR upon Q. Also TR is equal to price into quantity. Therefore AR= price in to quantity upon Q ;equal to price thus AR equal to price.

Vidushi Khurana 7 years ago

We know that average revenue is equal to per unit sale receipts and price is always per unit. since sellers receive revenue according to price,price an AR are one and the same thing. TR= quantity× price AR= TR/quantity Putting the value of TR in formula of AR we get AR = quantity×price/ quantity AR= price

Indrajeet Arora 7 years ago

As we know that, AR = TR / units sold And also, TR = AR X Units sold So, from the two conditions we say that, AR = price X units sold / units sold Hence, AR = PRICE

ANSWER

https://examin8.com

Test

Related Questions

why should the aggregate final expenditure of an economy be equal to the aggregate factor payment

Posted by Nandita Sharma 1 year, 9 months ago

CBSE > Class 12 > Economics

1 answers

Is inclusive growth Achievable for a developing country like India when exposed to the process of privatisation and globalization

Posted by Niangmuankim Vaiphei 1 year, 9 months ago

CBSE > Class 12 > Economics

0 answers

What is receipt?

Posted by Geeta Gautam 1 year, 8 months ago

CBSE > Class 12 > Economics

0 answers

Economic Reforms Since 1991 notes

Posted by Dipika Sharma 1 year, 9 months ago

CBSE > Class 12 > Economics

0 answers

Two types of marke diagram and explanation

Posted by Rijum Karlo 1 year, 9 months ago

CBSE > Class 12 > Economics

0 answers

Industrial licensing was used to promote regional equality. Discuss

Posted by Niyati Garg 1 year, 8 months ago

CBSE > Class 12 > Economics

0 answers

What is deficit ?

Posted by Sakshi Singh 8 months, 3 weeks ago

CBSE > Class 12 > Economics

1 answers

Economics project on function of RBI

Posted by Mehar Ansari 1 year, 9 months ago

CBSE > Class 12 > Economics

0 answers

Explain the limitation of GDP as wellfare

Posted by Naman Jain 1 year, 8 months ago

CBSE > Class 12 > Economics

1 answers

Trends in credit availability

Posted by Shruti Singh 1 year, 9 months ago

CBSE > Class 12 > Economics

0 answers

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Google Play

Download myCBSEguide App