What Is Average Revenue

question 169

Multiple Choice

What is average revenue?

• A)The price multiplied by the quantity sold.
• B)The total revenue divided by the price.
• C)The extra revenue derived from the sale of one more unit.
• D)It is equal to the price in perfectly competitive markets.

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Definitions:

Systematic Desensitization

A therapy technique used to overcome phobias and anxiety disorders by gradually exposing the patient to the feared object or context without any danger, in order to overcome their anxiety.

Deep Relaxation

A state of physical and mental calm, often achieved through techniques such as meditation, controlled breathing, or progressive muscle relaxation.

Aversive Conditioning

A behavioral modification technique involving the use of unpleasant stimuli to reduce or eliminate undesirable behaviors.

Nausea-Inducing Drug

A medication or substance that causes a strong urge to vomit.