- Total money receipts of a firm from the sale of a given output is called total revenue.
TR = OUTPUT*PRICE
Marginal revenue is the change in total revenue when one more unit of a commodity is sold.
MR= change in TR/change in quantity sold
Average revenue refers to revenue per unit of output.
AR=TR/Q
Relationship between AR and MR:
a) When AR is decreasing, MR should be decreasing faster than AR. Thus, downward sloping MR curve is below the downward sloping AR curve(a situation of monopoly and monopolistic competition)
b) If AR is constant, MR is equal to AR. Both are indicated by the same horizontal straight line(a situation of perfect competition)
c) MR can be negative, but not AR.
Answer:
24
Explanation: i googled it
Answer:
Short stories are favorites of readers who don’t want to commit to a full book, and Edgar Allan Poe is a favorite author among them. One of Poe’s more known stories is “The Tell-Tale Heart”, which is about how a man murdered his older housemate and was then overwhelmed by the dead man’s heartbeat of guilt. The original version has greater impact than the rewritten version because, although similar in pacing and plot, the differences of writing style and characterization between the versions affects readers more. For the first example, both the original and rewritten versions of “The Tell-Tale Heart” share literary devices such as pacing and a similar plot. The original version includes,” At length it ceased. The old man was dead. I removed the bed and examined the corpse. Yes, he was stone dead.”(Poe). Poe’s use of shorter sentences demonstrates the narrator’s excitement at the death of the old man. Hemphill’s version states “All at once the lantern was thrown wide open, and I shrieked with the voice only a frail man could have if he were about be killed.”. The rewritten version includes shorter sentences similar to Poe’s that pace the story to excite the reader and to build suspense.
Explanation:
Answer:
Beliefs
Explanation:
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