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    Principles of Microeconomics Study Set 4
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    Exam 9: Competitive Markets for Goods and Services
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    Total Revenue Is a Firm's
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Total Revenue Is a Firm's

Question 34

Question 34

Multiple Choice

Total revenue is a firm's:


A) change in revenue resulting from a unit change in output.
B) ratio of revenue to quantity.
C) difference between revenue and cost.
D) total output times the price at which it sells that output.

Correct Answer:

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