Total revenue is the:
A) revenue from one unit of a good or service sold.
B) revenue from the total amount of a good or service sold.
C) change in revenue from selling an additional unit of a good or service.
D) difference between the revenue from selling a good or service and its cost of production.

Question

Quizplus · Accepted Answer

Total revenue refers to the total amount of money a company receives from selling its goods or services, without deducting any costs. This is calculated by multiplying the price at which goods or services are sold by the total number of units sold.

Total Revenue Is The