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प्रश्न
Give economic term:
Revenue per unit of output sold.
एक शब्द/वाक्यांश उत्तर
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उत्तर
Average revenue
Explanation:
The average revenue is calculated by dividing the company’s total revenue by the total number of units of output sold. Because total revenue equals price multiplied by quantity, average revenue is mathematically always equal to the price per unit of the product under uniform pricing.
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