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FrozenT [24]
3 years ago
14

What is total revenue , average revenue and marginal revenue ?Explain relationship among these​

Business
2 answers:
Basile [38]3 years ago
7 0

Answer:

Total revenue is the total amount of income that a firm obtains from selling goods or services. Average revenue is the average amount of income that a firm obtains for each unit of product , and marginal revenue is the extra amount of revenue that the firm obtains from the sale of one additional unit of product.

These three types of revenues have several relationships, for example, if total revenue increases more than total quantity, it means that marginal revenue is high. Another relationship is between marginal revenue and average revenue: when average revenue decreases, marginal revenue increases and viceversa.

lutik1710 [3]3 years ago
5 0

Answer:

In accounting, revenue is the income or increase in net assets that an entity has from its normal activities (in the case of a business, usually from the sale of goods and services to customers). Commercial revenue may also be referred to as sales or as turnover. Some companies receive revenue from interest, royalties, or other fees. "Revenue" may refer to income in general, or it may refer to the amount, in a monetary unit, earned during a period of time, as in "Last year, Company X had revenue of $42 million". Profits or net income generally imply total revenue minus total expenses in a given period. In accounting, in the balance statement, revenue is a subsection of the Equity section and revenue increases equity, it is often referred to as the "top line" due to its position on the income statement at the very top. This is to be contrasted with the "bottom line" which denotes net income (gross revenues minus total expenses).

Explanation: just copy it and press space so it can count as if you wrote it.

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Changes in the economic, political, legal, and technological global system that may affect an organization are ______ forces. Fo
ioda

Answer:

International Forces

Explanation:

These are international forces which are part of the organization environment in which the organization grows. These rapidly the companies the way it trades in the national and international environment. What do you think if till today a company is still manufacturing ambassador car with the same old technology, will you buy? Of course not because its speed is below 72mph and that it is very uncomfortable and also that young generation don't like it. Furthermore these are the things which are present in the organization environment and need to be tackled by the company by enhancement in its processes and adopting to change. In cold wear dresses that keeps you body temperature in control.

7 0
3 years ago
if an interest inventory reveals that you are highly interested in solitary, introverted work, what might be the best type of ca
Softa [21]
In my opinion, venturing into world of Arts could be a favorable path for a person highly interested in solitary, introverted work. Visual arts such as painting and photography (nature, macro-shoots, etc) could be better choices. Literature might interest you too. The art of words would allow you to express yourself without talking to animate objects. One could pick a pen or stare at his or her computer when indulging oneself in the ARTS. 

You do not have to impress others, your masterpiece could do the talking for you.

Hope this helps. Have a nice day!
8 0
3 years ago
How can a job (or occupation) impact your life?​
Vinil7 [7]

Answer: You can try to leave work at work, but the thought of what you went through, or what you have to go through the next day, will affect your home life. As those thoughts enter your mind, you will feel your stress level start to rise.

Explanation:

8 0
2 years ago
Read 2 more answers
According to the IS–LM model, if Congress raises taxes but the Fed wants to hold income constant, then the Fed must ______ the m
abruzzese [7]

Answer:

Increase

Explanation:

Population net income consists of the difference between labor income and expenditure. If the government adopts a contractionary fiscal policy, that is, increases taxes, the net income of the population will decrease, since part of the income will be directed to the payment of taxes. For the Fed to compensate for this decline in income, an expansionary monetary policy will have to be adopted, ie the Fed must act to stimulate the population's income. The increase in money supply has the effect of warming the economy in the form of higher demand and higher wages. This is the form of compensation between two different policies, one contractionist and one expansionist.

6 0
3 years ago
You own a portfolio that has $2,100 invested in Stock A and $3,200 invested in Stock B. If the expected returns on these stocks
BigorU [14]
Stock A: $2,100, 13%
Stock B: $3,200 17%

Stock A-> 2100 x .13 = 273
Stock B -> 3200 x .17 = 544

Add
273 + 544 = 817

Expected return is $817
4 0
2 years ago
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