Average revenue



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

In the custom-house district of Santiago, the average revenue receipts per year have been 5.1 per cent.
Industrial Cuba Robert P. Porter

The average cost of the service on a rural route, therefore, exceeded the average revenue derived from postage by $687 per year.
Government in the United States James Wilford Garner

Computed in this way the average revenue per ton per mile for the railways of the United States in 1867 was 1.92 cents.
Railroads: Rates and Regulations William Z. Ripley

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  • Averagely

    a quantity, rating, or the like that represents or approximates an arithmetic mean: Her golf average is in the 90s. My average in science has gone from B to C this semester. a typical amount, rate, degree, etc.; norm. Statistics. arithmetic mean. Mathematics. a quantity intermediate to a set of quantities. Commerce. a charge paid […]

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    a quantity, rating, or the like that represents or approximates an arithmetic mean: Her golf average is in the 90s. My average in science has gone from B to C this semester. a typical amount, rate, degree, etc.; norm. Statistics. arithmetic mean. Mathematics. a quantity intermediate to a set of quantities. Commerce. a charge paid […]



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