Average Revenue Is

question 309

Multiple Choice

Average revenue is

• A)the typical or average sales generated for all items within an industry.
• B)the average amount of revenue necessary for a business to remain profitable.
• C)total revenue divided by the quantity sold.
• D)the difference between the highest and lowest price charged for a given item within a specific firm.
• E)the difference between the highest and lowest price charged for a given item within a specific industry.

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