Use Revenue In A Sentence Economics

Marginal revenue mr the change in revenue from selling one extra unit of output.

Use revenue in a sentence economics. It is the total income of a company and is calculated by multiplying the quantity of goods sold. The maker of database and e business software said total revenue grew by about 9 percent during the quarter. What is elasticity of demand to price ch. How to use economy in a sentence.

Total revenue for the year was estimated at n68 730 million. Sylvia s revenue for her lemonade stand was exactly 43 which seemed to be a great amount since she only charged fifty cents per cup. Average revenue ar price per unit total revenue output. How to use revenue in a sentence.

Total average and marginal revenue. The table below shows the demand for a product where there is a. In the words of dooley the revenue of a firm is its sales receipts or income. Example sentences with the word revenue.

The ar curve is the same as the demand curve. The definition of revenue with examples. Total revenue in economics refers to the total sales of a firm based on a given quantity of goods. Capital gains sales of an asset at a profit.

For example a retailer that sells their locations in a region to a partner at a profit. Example sentences with the word economy. Certainly there is a high elasticity of demand at the fish market where our chef troy shops. If preferences are of the s d s type the elasticity of demand is a given constant.

The term revenue refers to the income obtained by a firm through the sale of goods at different prices. Total revenue tr price per unit x quantity. Examples of revenue in a sentence the total revenue of the jackson rose company exceeded one million dollars this year but the company would need to pay their expenses. Revenue is the income generated from the sale of goods and services in a market.

How to use revenue in a sentence.