Multiple Choice
If a manager were to multiply the quantity sold by the price paid for each unit,he would calculate:
A) total profit.
B) total revenue.
C) total cost.
D) total benefit.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q88: The price elasticity of supply is _
Q102: Coke and Pepsi would likely have a:<br>A)more
Q103: Price elasticity of supply:<br>A)is the size of
Q104: Steak is _ than food because _.<br>A)less
Q105: A perfectly inelastic demand is one in
Q106: The mid-point method of calculating elasticity is
Q108: A linear demand curve:<br>A)has a constant slope.<br>B)has
Q110: If the price of a good increases
Q111: Bob got laid off six months ago.He
Q112: The concept of elasticity can be applied