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.

Computed in this way the average revenue per ton per mile for the railways of the United States in 1867 was 1.92 cents.

The average cost of the service on a rural route, therefore, exceeded the average revenue derived from postage by $687 per year.

In the custom-house district of Santiago, the average revenue receipts per year have been 5.1 per cent.

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