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.
There are four different types of families. There is the single-parent family, the nuclear family, the extended family, and the composite family.   Single parent family - Câ¦onsists of one parent (usually the mother). This family usually becomes the nuclear family, as this parent will typically remarry or become married. In this type of family, the parent must juggle costs for day care along with everything else on usually a fairly low income. Nuclear family - This is the typical family. It consists of a husband, wife, and their children. Extended family - This includes the nuclear family and their relatives, such as grandparents, uncles, aunts, and cousins. Composite family - This is much the same as a nuclear family, though it contains two or more nuclear families sharing a common spouse.