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- Nikita Chetry
- Latest Answer: 1 month ago
- In: Commerce
How can you calculate total revenue and average revenue?
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1 Answers
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- Answered By Anita Sahani
- Answer: 1 month ago
(i) Total revenue is calculated by multiplying price with total units of a commodity sold. In equation, Total Revenue = Price × Units of a commodity sold(ii) Average revenue is calculated by divi...
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