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Which of the following formulae explain the term average revenue?

A. Total units /No. of Revenues

B. Total Revenue/No. of Units

C. Marginal Revenue × Units

D. Total Units/ Price

Please do not use chat terms. Example: avoid using "grt" instead of "great".

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  3. If the commodity is inferior then Income Effect (I.E) is:
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  6. Identify the author of The Affluent Society?
  7. At the shut-down point in perfect competition:
  8. The supply curve would probably shift to the right if:
  9. At final equilibrium in cournot model, each firm sells:
  10. Diseconomies of management lead to:
  11. Variable cost includes the cost of:
  12. In 1776, a famous book An enquiry into the nature and causes of the wealth of nation was written by:
  13. If the demand curve is vertical then its slope is:
  14. Time Preference Theory of Interest was presented by:
  15. The cost that a firm incurs in purchasing or hiring any factor of production is referred to as:
  16. In cournot model, firms face:
  17. Under competitive conditions, the industry will be in equilibrium:
  18. At low prices, demand is likely to be:
  19. Who wrote Mathematical Analysis for Economists?
  20. In monopoly, new firms:
  21. Regarding economic decisions, economics of uncertainty identifies:
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  23. Price discrimination is possible:
  24. In case the two commodities are complements, cross elasticity will be:
  25. At a point above the middle of a straight line demand curve, elasticity of demand is:
  26. Revealed Preference Theory was presented by:
  27. The substitution effect works to encourage a consumer to purchase more of a product when the price of…
  28. The horizontal demand curve for a commodity shows that its demand is:
  29. A price is a ratio of exchange between:
  30. After reaching the saturation point consumption of additional units of the commodity cause: