Economics 0455 · IGCSE · Firms’ costs, revenue and objectives

Firms’ costs, revenue and objectives — practice question

Dimitry is the owner of a business that manufactures and sells lemonade in bottles. He sells just one bottle size. How could Dimitry calculate the business's total revenue?

  • Amultiply the quantity sold by the cost per bottle
  • Bmultiply the quantity sold by the price per bottle
  • Cmultiply the quantity sold by the profit per bottle
  • Dmultiply the quantity sold by the tax per bottle

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