Skip to content
1st Class Economics1st Class Economics
1st Class Economics
We Build the Future
  • Home
  • University Essays
    • Macro
    • Micro
    • Development
    • Econometrics
  • Revision
    • A-Level & High-School Resources
    • Definitions & Key Concepts
    • Free Model Essays
    • Economic Schools of Thought
    • Famous Economists
    • Case Studies: Financial Crises
  • Micro-Mania
    • Blog
    • Economics Jokes
    • Epic Government Failures
    • X-Files: Economics Edition
    • Fun Economics Videos
    • Economics Conspiracy Theories
    • Movie and Video Game Fan Theories
  • About
    • About Us
    • Why Us
    • Paperback vs. eBook
    • Contact Us
FacebookTwitterGoogle+
 
  • Home
  • University Essays
    • Macro
    • Micro
    • Development
    • Econometrics
  • Revision
    • A-Level & High-School Resources
    • Definitions & Key Concepts
    • Free Model Essays
    • Economic Schools of Thought
    • Famous Economists
    • Case Studies: Financial Crises
  • Micro-Mania
    • Blog
    • Economics Jokes
    • Epic Government Failures
    • X-Files: Economics Edition
    • Fun Economics Videos
    • Economics Conspiracy Theories
    • Movie and Video Game Fan Theories
  • About
    • About Us
    • Why Us
    • Paperback vs. eBook
    • Contact Us

Average Revenue

Average Revenue. Average revenue (AR) is a firm’s revenue per unit of output.

AR = TR/Q

AR is the firm’s demand curve. AR shows the average price charged for each quantity of output.

As price falls and output rises, AR falls. AR slopes downwards because prices must fall to induce an increase in quantity demanded.

Popular Blog Posts
  • X-Files: The Economics of Bigfoot
    February 15, 2017
  • Fan Theory: Major Dutch Schaefer is The Terminator
    August 6, 2017
  • An Economist Proves that Ghosts Act Rationally & do Not Want to Kill You
    October 30, 2017
  • EconPop
    July 17, 2017
1st Class Economics
© 2017 1st Class Economics. All rights reserved.
  • Home
  • University Essays
    • Macro
    • Micro
    • Development
    • Econometrics
  • Revision
    • A-Level & High-School Resources
    • Definitions & Key Concepts
    • Free Model Essays
    • Economic Schools of Thought
    • Famous Economists
    • Case Studies: Financial Crises
  • Micro-Mania
    • Blog
    • Economics Jokes
    • Epic Government Failures
    • X-Files: Economics Edition
    • Fun Economics Videos
    • Economics Conspiracy Theories
    • Movie and Video Game Fan Theories
  • About
    • About Us
    • Why Us
    • Paperback vs. eBook
    • Contact Us
Menu
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish.Accept Reject Read More