Average price
The average price denotes
- a) in cost theory, the average revenue per unit of a good or service sold.
- b) in the case of energy supply, the average price of the total electricity supplied by the energy supplier to the end consumer in the past calendar year.
calculation
The average revenue is calculated as follows:
The intersection of the average revenue and the average costs results in the use threshold, i.e. the point from which a company starts generating profit.