Average revenue

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Updated: Aug 20, 2021

The total revenue received from the sale of a given num ber of units of output divided by that number of units. Since total revenue is defined as price multiplied by the number of units sold; average revenue and price are necessarily identical.

Reference: The Penguin Business Dictionary, 3rd edt.



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James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.