3.3.1 Revenue

Easy
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Question 4
Easy

An on-demand logistics platform, VanShare, provides shared delivery van services to small businesses. The table below shows the number of active monthly business users and the average monthly subscription price charged by the platform.

MonthActive Monthly UsersAverage Monthly Subscription Price (£)
January12,000100.00
February13,000100.00
March15,00095.00
April18,00090.00

Based on the data in the table, the platform experienced a continuous increase in its:

average revenue

total revenue

marginal revenue

price elasticity of demand

3.3.1 Revenue Questions

  1. A Level
  2. /Economics
  3. /3.3.1 Revenue