The Carolina Christmas Tree Corporation grows and sells 500 Christmas trees. The average cost of production per tree is $50. Each tree sells for a price of $65. The Carolina Christmas Tree Corporation's total revenues are
A)$7,500.
B)$25,000.
C)$32,500.
D)$67,500.

Question

Quizplus · Accepted Answer

The total revenue is calculated by multiplying the number of trees sold (500) by the selling price of each tree ($65). 
Total revenue = 500 * $65 = $32,500 
Therefore, the correct answer is (C).

The Carolina Christmas Tree Corporation Grows and Sells 500 Christmas