Which of the following formula explains the term average revenue?
A. | AR = MR x No. of units produced |
B. | AR = Total Revenue/Number of units produced |
C. | AR = Total Units Produced/Total Revenue |
D. | AR = TR - MR |
Answer : B Explanation : |
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |