If the unit price of a product is P and buyers buy a given quantity Q, then sellers would collect total revenues equal to
A) P × Q.
B) P + Q.
C) P - Q.
D) Q - P.

Name: If the unit price of a product is P and buyers buy a given quantity Q, then sellers would collect total revenues equal to A) P × Q. B) P + Q. C) P - Q. D) Q - P.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Total revenues would be equal to the unit price (P) multiplied by the quantity sold (Q), so the correct formula is P x Q.

If the Unit Price of a Product Is P and Buyers