Total revenue
A)can be calculated directly from the demand curve.
B)can be calculated directly from the average revenue curve.
C)is found by multiplying price times quantity.
D)All of the above are correct.

Question

Quizplus · Accepted Answer

Total revenue is found by multiplying the price per unit by the quantity sold. This can be calculated directly from the demand curve or from the average revenue curve, which shows the price of each unit sold. Therefore, all of the above options are correct.

Total Revenue