What does total revenue equal?
A)Price per unit times quantity sold
B)Price per unit times quantity supplied
C)Price per unit times change in quantity sold
D)Change in price per unit times quantity sold

Question

Quizplus · Accepted Answer

Total revenue is calculated by multiplying the price per unit by the quantity sold, which gives the total amount of money earned from sales. Therefore, option A is the correct choice.

What Does Total Revenue Equal