The Big Box corporation produced and sold 500 units of output.The average cost of production per unit was $50.Each unit sold for a price of $65.The Big Box corporation's total revenues are

Name: The Big Box corporation produced and sold 500 units of output.The average cost of production per unit was $50.Each unit sold for a price of $65.The Big Box corporation's total revenues are
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Total revenue = (price per unit) x (number of units sold)
Total revenue = $65 x 500 = $32,500

The Big Box Corporation Produced and Sold 500 Units of Output.The