If the market price is $25, what is the average revenue of selling five units?

Name: If the market price is $25, what is the average revenue of selling five units?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Average revenue is simply the total revenue divided by the quantity sold. In this case, if the market price is $25 and we sell five units, the total revenue is $125. Dividing by five, we get an average revenue of $25. Therefore, the correct answer is (C) $25.

If the Market Price Is $25, What Is the Average