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    Managerial Economics Analysis Problems Cases
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    Exam 2: Revenue of the Firm
  5. Question
    Total Revenue Is the Total Dollar Sales of a Firm
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Total Revenue Is the Total Dollar Sales of a Firm

Question 113

Question 113

True/False

Total revenue is the total dollar sales of a firm during some particular time period and is equal to the price of a product multiplied by the quantity sold.

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