If a firm produces 400 units of output per month and sells each unit at a price of $90, its total revenue is equal to:
A) $32 000
B) $36 000
C) $34 000
D) $38 000

Name: If a firm produces 400 units of output per month and sells each unit at a price of $90, its total revenue is equal to: A) $32 000 B) $36 000 C) $34 000 D) $38 000
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Question

Quizplus · Accepted Answer

Total revenue is calculated by multiplying the number of units sold by the price per unit. Therefore, 400 units * $90 = $36,000.

If a Firm Produces 400 Units of Output Per Month