Revenue Types
This lesson defines revenue and explains its three main types: total revenue, average revenue, and marginal revenue. It covers how to calculate each type and their relationships to production and sales.
- 01:50 “That is, we have what we call the total revenue, which is attributed as CR, total revenue, okay? Total revenue, then of course, we have what we call average revenue, which is average as well as AR, average revenue. Then,...”
- 18:06 “So that's where you have the maximum profit. Okay? So profit is maximized as output for. That's how you tell them. Profit is maximized as what? As output for. Then let's go to some things. Calculate the profit when quant...”
- 20:42 “So this is what you need to know in the rest of the world. This is where I'm going to stop my class. But before then, I need to give you an assignment in the rest of the world of that. So you go to the 1998 question in m...”
Public Sector Accounting: Revenue and Expenditure
This lesson covers sources of government revenue and explains terms related to public sector accounting. It classifies expenditures into capital and recurrent categories and provides examples for preparing statements of revenue and expenditure.
- 07:20 “notes that your recurrence expenditure can also be termed revenue expenditure. So it depends on what the question asks you to do if they are asking for revenue expenditure. You're also preparing statements of recurrence...”
- 00:46 “expenditure. In preparing statements of revenue, expenditure and capital expenditure, there must be a separation between items that are capital in nature and those of revenue, those and the revenue items. Now, what I mea...”
- 10:40 “expenditure. Now, what this question is asking us first and foremost to do is that you are to prepare the statements of recurrent expenditure. And how do you do that? You pick out items of recurrent expenditure. You come...”