Answer:
The correct answer is b. the price of a good times the quantity of the good that is sold.
Explanation:
Total income (IT): is simply the price of a good multiplied by the quantity of that good sold. The sum of the income obtained from the sale of all the units produced or the total amount that a company receives for the sale of its product: the unit price for the quantity of product that the company decides to produce.
It is calculated as the price of the good multiplied by the quantity sold.
When the price is reduced, what happens to income, that is, whether it increases or decreases, will depend on the quantity demanded increasing enough to counteract the effect of the price reduction. For a competitive (price-taking) company in the product market, Total Revenue is simply proportional to production.
Some states lose or gain members in the House of Representatives.
Answer:
All a user needs to do is insert the numbers
Explanation:
Shell tools offer simple interface to the vendors, the user just need to input the numbers
Answer:
The correct answer is: scrambled merchandising.
Explanation:
Scrambled merchandising refers to companies offering new products that are not necessarily related to their original business. This strategy is used when firms intend to boost their sales profits and is beneficial because the organization's store obtains the treat of one-stop shops. However, the lack of experience selling the new products could affect the business in the beginning.