contestada

Total revenue is defined as a. price minus quantity sold. b. price divided by quantity sold. c. price multiplied by quantity sold. d. quantity divided by price sold. e. price plus quantity sold.

Respuesta :

Answer:

c. price multiplied by quantity sold

Explanation:

The total revenue is the amount of money that a company earns from selling products and services. As it is the quantity that a business received from its sales, it is calculated by multiplying the price of a product for the number of units sold. According to this, the answer is that the total revenue is defined as price multiplied by quantity sold.