If a firm sells 10 units of a product for 10 ea... - SS2 Economics Concept of Revenue – Total, Average And Marginal Revenue Question
If a firm sells 10 units of a product for $10 each, what is its total revenue?
A
$10
B
$100
C
$50
D
None of the above
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Correct Option: B
( TR = P x Q = $10 x 10 units = $100)
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