Economics 2281 · O Level · Firms' costs, revenue and objectives

Firms' costs, revenue and objectives — practice question

Dimitry runs a business that makes and sells bottles of lemonade. He sells only one bottle size. How would Dimitry work out the firm’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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