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What is joint revenue?

Updated: 12/13/2022
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13y ago

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how much producers make together when they combine their profits from making certain products.

for example, say you have 2 firms A and B, each producing X and Y. X is sold for $2, Y is sold for $5.

Joint revenue = $2 ( total X ) + $5 (total Y)

where total X is the combined units of X that firms A and B make together, and total Y is the combined units of Y that firms A and B make together.

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13y ago
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