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.
Family Dynamics. Families are much more than groups of individuals. They have their own goals and aspirations. They also are places where every child and adult should feel that he or she is special and be encouraged to pursue his or her own dreams; a place where everyone's individuality is permitted to flourish.