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HOW TO SAY AVERAGE REVENUE EQUAL …

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HOW TO SAY AVERAGE REVENUE EQUAL TO PRICE.

    • Posted by Ayush Kumar 5 years, 11 months ago

    CBSE > Class 11 > Economics
    • 1 answers

    Riddhi Pasari 5 years, 10 months ago

    Average Revenue(AR)= Total Revenue(TR)/ Quantity; AR= Price×Quantity/Quantity; (as TR= price×quantity) Quantity gets cut by quantity Hence, AR=Price

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