Revenue Analysis, Assignment Help, Homework Help
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Revenue Analysis
Revenue Analysis is composed of three main concepts:
10.1 Total Revenue (TR)
It implies the aggregate money a firm acquires from sale of its products and services.
TR = Q * AR (Price)
Or
TR = ∑MR
10.2 Marginal Revenue (MR)
It is the change in TR due to per unit increase in the sales.
MR = TRn-1
10.3 Average Revenue (AR)
AR = TR/Q (Quantity sold)
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