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comment on the differences between the AR and MR curves
Weegy: Total Revenue-may be defined as the total receipts of (Hi firm from its sale. Total revenue is equal to total number of commodities multiplied by price per unit of commodity. Total reveue depends on the total sale. [ For example if a firm sells 60 of commodities at unit price Rs.20, the total revenue of the will be equal to 60 X Rs.20 - Rs.1200. Average Revenue is the revenue per unit of the commodity it is calculated by dividing total ... (More)
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