Total revenue is
A)Price times income.
B)Quantity sold times price.
C)Equal to total profit.
D)Equal to costs of production.

Name: Total revenue is A)Price times income. B)Quantity sold times price. C)Equal to total profit. D)Equal to costs of production.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Total revenue is the total amount of money earned from selling a given quantity of a product at a certain price. It is calculated by multiplying the quantity sold by the price per unit.

Total Revenue Is