profit and profit maximization

Are you looking for information on what each of these is or how they work? Pice (I assume you mean Price?) is what the item or service sells for. It is usually is expressed as an average since not all items are sold at the same price. Profit is the amount of money left over after you sell your goods and pay your bills. Depending on if you are talking about accrual or cash basis, certain costs are included and certain costs are not. Do you know which way you want this? Average revenue is the mathmatically calculated as the middle number of sales using a set number of periods to calculate. For example, let's say your sales were 5,3,4,6 and 5 over the last five months. The average revenue would be (5+3+4+6+5) divided by 5 = 4.6.