revenue (ˈrɛvɪˌnjuː) n 1. (Economics) the income accruing from taxation to a government during a specified period of time, usually a year 2. (Government, Politics & Diplomacy) a. a government department responsible for the collection of government revenue b. (as modifier):...
revenue the money received by a firm from selling its output ofGOODSorSERVICES(SALES REVENUE) or money received by government fromTAXATION. SeeAVERAGE REVENUE,MARGINAL REVENUE,TOTAL REVENUE. Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005 ...
Understand what total revenue is. Learn the definition of total revenue, total revenue formula, total revenue equation, and how to calculate total...
Total Revenue in Economics | Definition, Graph & Formula from Chapter 10 / Lesson 11 785K Understand what total revenue is. Learn the definition of total revenue, total revenue formula, total revenue equation, and how to calculate total revenue. Related to this QuestionWhat does actual revenu...
Business Organizations & Decision Making Activities for High School Economics Predicting Future Earnings Based on Education & Goals Labor Definition, Types & Examples Marginal Revenue Product | Definition, Formula & Calculation Hiring Labor & Acquiring Capital in Factor Markets Labor Theory of Value | Or...
1. (Economics) the amount of monetary or other returns, either earned or unearned, accruing over a given period of time 2. (Commerce) receipts; revenue 3. rare an inflow or influx [C13 (in the sense: arrival, entrance): from Old English incumen a coming in] Collins English Dictionary ...
Firms seek to produce at the output level where marginal cost equals marginal revenue, as this maximizes profit. Limitations of Short Run Strategies The short run in economics has several limitations, primarily due to the presence of fixed inputs and the constraints they impose on production flexib...
Auto loans: An example of a shorter-term loan, auto loans are often awarded for terms up to six years. Interest is often charged as a fixed rate, and the dealership extending credit may have an in-house financing department that collects the interest revenue. ...
经济学定义(Definitionofeconomics) Grossdomesticproduct(GDP)referstothesumofthemarket valueofallthefinalproducts(goodsandservices)produced byacountryoracertainregionwithinacertaintime. Grossnationalproduct(GNP)referstothevalueofthefinal productproducedbythetotalproductionfactorsofacountry's peopleinacertainperiodof...
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