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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