If a manager multiplies the quantity sold by the price paid for each unit,the manager calculates:
A) total profit.
B) total revenue.
C) total cost.
D) total benefit.

Question

Quizplus · Accepted Answer

The calculation of multiplying the quantity sold by the price paid for each unit results in the total revenue earned from the sales. Total profit and benefit would require deducting costs and expenses, while total cost is not calculated by this method.

If a Manager Multiplies the Quantity Sold by the Price