The total amount of money that a firm receives from selling a good is its:
A) profit.
B) demand.
C) total revenue.
D) marginal revenue.

Name: The total amount of money that a firm receives from selling a good is its: A) profit. B) demand. C) total revenue. D) marginal revenue.
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Question

Quizplus · Accepted Answer

Total revenue is the total amount of money a firm receives from selling a good or service, calculated by multiplying the price per unit by the number of units sold.

The Total Amount of Money That a Firm Receives from Selling