Hallmark cards develops a new line of cards that have a total cost of $200,000 and a price of $3 each.If it sells 20,000 cards the first month, what is its total revenue?
A) $60,000
B) $600,000
C) $400,000
D) $140,000
E) -$140,000

Question

Quizplus · Accepted Answer

Total revenue is calculated by multiplying the number of units sold by the price per unit. Therefore, 20,000 cards sold at $3 each results in a total revenue of $60,000.

Hallmark Cards Develops a New Line of Cards That Have