Revenue:
A) equals quantity sold times profit margin
B) equals price minus costs
C) equals return on investment
D) is synonymous with profit
E) equals price of goods times quantity sold

Name: Revenue: A) equals quantity sold times profit margin B) equals price minus costs C) equals return on investment D) is synonymous with profit E) equals price of goods times quantity sold
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Revenue is the price charged to customers multiplied by the number of units sold.