………. means the total receipts from sales divided by the number of unit sold. | Faculties

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Vikash Gupta

🎓 Tutor III ⭐ 33.56K Points

📊 Managerial Economics 1

Q. ………. means the total receipts from sales divided by the number of unit sold.

(A) Average revenue
(B) Total revenue
(C) Marginal revenue
(D) Incremental revenue

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✅ Correct Answer: (A) Average revenue

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