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Ratling [72]
3 years ago
15

Total revenue equals A)price per unit times change in quantity sold. b)price per unit times quantity supplied. c)change in price

per unit times quantity sold. d)price per unit times quantity sold.
Business
1 answer:
vovikov84 [41]3 years ago
4 0

Answer:

d) price per unit times quantity sold

Explanation:

Total revenue refers to the total receipts generated by a firm at a given level of output sold. It is represented by:

TR = P × Q

wherein, TR = Total Revenue

              P= Price per unit

              Q= Units or Quantity sold

Marginal revenue refers to the addition to total revenue when an additional unit is sold.

It is expressed as;

MR = TR_{n}\ -\ TR_{n\ -\ 1}

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Participation in sport keeps youths off the street and out of trouble. This is central to which explanation of the relationship
inn [45]

Complete/Correct Question:

Participation in sport keeps kids off the street and out of trouble. This is central to which explanation of the relationship between organized sport and delinquency?

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