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.
How to Define Your Family Values. Family values are the beliefs, way of life transmitted by a family environment into the individual and this impartation guides the individual every time in his actions vis-a-vis the world outside the family.atch how the members treat the people outside the family can also give a clue about the values which the family subscribes to. 1  If the members act genuinely and respectfully towards the strangers as well as the acquaintances, it shows that the family values are such wherein due respect is given importance.