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Total revenue is (Multiple Choice Question)

Retnec

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7 years ago

Total revenue is (Multiple Choice Question)

Total revenue is
A) the amount of money a business takes in from selling its product minus the cost of producing the product.
B) another name for profit.
C) equal to the price of the product times the quantity sold.
D) equal to the average cost of producing the product times the number of units produced.

Textbook

Introduction to Economic Reasoning

Edition: 8^th

Author: Rohlf

Read 77 times

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hecosmetic

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Retnec Author

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7 years ago

My exam's next week!

Perfect timing

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