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Introduction to Economics 1
Introduction to Economics 1 Deneme Sınavı
Introduction to Economics 1 Deneme Sınavı Sorusu #1275631
Introduction to Economics 1 Deneme Sınavı Sorusu #1275631
Which of the followings refers to the total amount of money received by a seller, which is equal to price times quantity sold?
|
Total revenue. |
|
Profit maximization. |
|
Marginal revenue. |
|
Shut-down point. |
|
Average revenue. |
Yanıt Açıklaması:
Total Revenue: the total amount of money received by a seller, which is equal to price times quantity sold. Therefore, the correct option is A.
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