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What Does Total Revenue Equal

Question 7

Multiple Choice
What does total revenue equal
A)Total output x Price per unit of output
B)(Total output x Sales price) - Inventory shortage
C)(Total output x Sales price) - Inventory surplus
D)Total profit - Total cost

What does total revenue equal


A) Total output x Price per unit of output
B) (Total output x Sales price) - Inventory shortage
C) (Total output x Sales price) - Inventory surplus
D) Total profit - Total cost

Correct Answer:

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