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Revenue is equal to: (Multiple Choice)

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Revenue is equal to: (Multiple Choice)

Revenue is equal to
A) price times quantity.
B) price times quantity minus total cost.
C) price times quantity minus average cost.
D) price times quantity minus marginal cost.
E) expenditure on production of output.

Textbook

Microeconomics

Edition: 8^th

Author: Pindyck

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