Solved

Total Revenue Is in Dollars and X Is the Number

Question 228

Multiple Choice

Total revenue is in dollars and x is the number of units. Suppose that the total revenue function for a commodity is Total revenue is in dollars and x is the number of units. Suppose that the total revenue function for a commodity is   Find   , and tell what it represents. ​ A)  $9.60. This represents the revenue from the sale of 40 units. B)  $478.80. This represents the marginal revenue from the sale of 40 units. C)  $480.00. This represents the marginal revenue from the sale of 40 units. D)  $432.00. This represents the revenue from the sale of 40 units. E)  $1.20. This represents the revenue from the sale of 40 units. Find Total revenue is in dollars and x is the number of units. Suppose that the total revenue function for a commodity is   Find   , and tell what it represents. ​ A)  $9.60. This represents the revenue from the sale of 40 units. B)  $478.80. This represents the marginal revenue from the sale of 40 units. C)  $480.00. This represents the marginal revenue from the sale of 40 units. D)  $432.00. This represents the revenue from the sale of 40 units. E)  $1.20. This represents the revenue from the sale of 40 units. , and tell what it represents. ​


A) $9.60. This represents the revenue from the sale of 40 units.
B) $478.80. This represents the marginal revenue from the sale of 40 units.
C) $480.00. This represents the marginal revenue from the sale of 40 units.
D) $432.00. This represents the revenue from the sale of 40 units.
E) $1.20. This represents the revenue from the sale of 40 units.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents