Total revenue is defined as
A)price minus quantity sold.
B)price multiplied by quantity sold.
C)price divided by quantity sold.
D)quantity divided by price sold.
E)price plus quantity sold.

Name: Total revenue is defined as A)price minus quantity sold. B)price multiplied by quantity sold. C)price divided by quantity sold. D)quantity divided by price sold. E)price plus quantity sold.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Total revenue is calculated by multiplying the price of a good by the quantity of the good sold.

Total Revenue Is Defined as