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.
what is average revenue?
The revenue received by the govt. of india from all its resouerces is know as Public Revenue. There are twi types of revenues:- 1) Tax Revenue 2) Non-Tax revenue - sub-types a) Commerrcial Revenue b)Fee etc..
Marginal Revenue =
Revenue is directly proportional to the production. Higher the production, more the revenue would be.
Average Revenue: Total revenue divided by the number of units sold. Marginal Revenue: Is the extra revenue that an additional unit of product will bring. It is the additional income from selling one more unit of a good; sometimes equal to price. It can also be described as the change in total revenue ÷ the change in the number of units sold. Relationship: They both are the revenue brought in by, in this case, units sold. They are both used to calculate the total revenue just that marginal is any exrta revenue that the average revenue has left over.
It is possible for Revenue Canada to freeze a person's bank account. This includes both single and joint bank accounts.
Joint venture (JV) is a type of business agreement which the parties develop for a finite time. They share the expenses and revenue in agreed ratio. The parties to JV are called co-venturers. It is like short time partnership.
Joint venture (JV) is a type of business agreement which the parties develop for a finite time. They share the expenses and revenue in agreed ratio. The parties to JV are called co-venturers. It is like short time partnership.
Incremental Revenue is the increase of revenue between a new revenue and a previous revenue, thus the formula: Incremental Revenue = New Revenue - Previous Revenue
It covers the interests of spouses excluded from a gross estate. It states, in the case of any qualified joint interest, the value included in the gross estate with respect to such interest by reason of this section is one-half of the value of such qualified joint interest.
Non interest revenue
what is average revenue?
Services revenue is revenue same as product revenue and it is not an asset or liability of the business.
It's a revenue. However, it's not a "Sales revenue", it's a "Other revenue".
Unearned Revenue is a Liability Account
prepaid revenue is debited and revenue is credited
no, its a revenue