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This is calculated before any discounts are applied.
How to calculate revenue economics. For a product based business the formula is revenue number of units sold x average price. Put simply calculating revenue means multiplying the price of each product by the total number of units sold. If a boutique priced a blouse at 50 and it sold seven that puts total gross revenue for that product at 350. In microeconomics total revenue is all the revenue that the company receives for the goods and services it sells.
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