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Which concept of revenue is called price?
Average revenue is nothing but the price of the product. Average revenue is the same as price of the commodity
What is room revenue?
the amount received through selling rooms. it can be calculated in REVPAR (Revenue per available room) and REVPOR (Revenue per occupied room)
In economic the pleasure happiness or satisfaction received from a product is called?
i think its status fulfillment
What is the money earned by selling goods or services called?
Revenue
If many people want to buy a product but not enough of product exists what is that called?
That is called a shortage of the product. A shortage happens whenever the demand (number of people wanting a product) is greater than the supply (quantity of available product).
What is the additional revenue a firm gains when it hires an additional worker called?
Marginal Revenue Product
What is additional revenue a firm gains when it hires an additional worker called?
Marginal Revenue Product
When a product is sold this cost is often called?
revenue
Which concept of revenue is called price?
Average revenue is nothing but the price of the product. Average revenue is the same as price of the commodity
What is offering a customer additional products called?
how do you offering additional product or services to a customer
What is unearned service revenue?
The revenue for which the services have been rendered but the return for the services i.e revenue, is yet to be received from the person to whom we have rendered the services is called unearned service revenue.
What is the income received by the government from taxes called?
The income recieved by a government from taxes abd other nontax sources is called Revenue.
What is room revenue?
the amount received through selling rooms. it can be calculated in REVPAR (Revenue per available room) and REVPOR (Revenue per occupied room)
Why sale of assets is known as revenue and sale of goods is not?
No, sales of goods is known as revenue because goods are maintain for the purpose of sales that's why it is called revenue while assets are maintained to use for the working of operation of business so if assets are sold then amount received from it is not called as revenue.
What is plant assets?
Machinery is called the plant asset which is utilized to make production of units of product to earn revenue.
In economic the pleasure happiness or satisfaction received from a product is called?
i think its status fulfillment
What is the organization through which Hope Credit benefits can be received?
The organization through which Hope Credit benefits can be received is called Internal Revenue Code. It deals with tax law in the United States of America.
