In the words of McConnell, âAverage revenue is the per unit revenue received from the sale of a commodity.â. AR is calculated as: AR = TR/Q. Therefore, from the aforementioned equation, it can be said that AR is the rate at which output is sold, where rate refers to the price of the product.
Confidence votes 196. Family life is the life within your household; how you live with your [sibling(s)] and parent(s)/guardian(s). It consists of the activities you participate in together, and the general way your life is carried out in your home, and with family members.
For most people, family obligations are a built in part of life. Family obligations may include milestones, holidays or events where a family member is honored. Other family obligations may involve going places or doing things with family members even when those things are not enjoyable.