What is the term for the total amount of income a firm receives from its sales?
A)Total profit.
B)Total revenue.
C)Revenue coefficient.
D)Total demand.
E)Sales maximizing.

Question

Quizplus · Accepted Answer

The term for the total amount of income a firm receives from its sales is its total revenue, which includes revenue from all sources, such as product sales, services, and any other types of income generated by the firm.

What Is the Term for the Total Amount of Income