average revenue


noun

the total receipts from sales divided by the number of units sold, frequently employed in price theory in conjunction with marginal revenue.

Nearby words

  1. aver,
  2. average,
  3. average adjuster,
  4. average deviation,
  5. average joe,
  6. average speed,
  7. averaging light meter,
  8. averil,
  9. averment,
  10. averno

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019