--%>

Price times quantity in total revenue

Total revenue equals: (w) price times quantity. (x) marginal revenue times marginal cost. (y) profit per unit of output. (z) total cost minus profit.

Please choose the right answer from above...I want your suggestion for the same.

   Related Questions in Microeconomics

  • Q : Economically non–viable industry What

    What happened when demand and supply curve do not intersect with each other? Answer: The outcome is: Economically non–viable industry.

  • Q : Charge price similar to marginal cost

    When a profit-maximizing monopolist who does not price discriminate charges a price equal to its marginal cost, this will: (w) minimize average cost and generate zero economic profit. (x) minimize average cost and gen

  • Q : Monopsony Power and Demand for Labor

    Subsequent to adjusting for inflation, Alex Rodriquez salary with NY Yankees was much higher in the year 2006 than Henry Aaron's salary with the Atlanta Braves in the year 1970s that implies that: (i) The 2006 Yankees was more liberal than the year 1970s Braves. (ii)

  • Q : Total costs by charges

    When LoCalLoCarbo produces the profit-maximizing quantity and charges the profit-maximizing price, in that case its total costs equal the area of the rectangle as: (i) 0P3cq2. (ii) bdP4P1. (iii) 0P4

  • Q : Arising of perfect price discrimination

    Perfect price discrimination would arise when a firm: (1) extracted full consumer surpluses from its customers. (2) permitted monopolistic customers quantity discounts. (3) redistributed real income among consumers. (4) inefficiently allocated its res

  • Q : Marginal revenue of price taker firm A

    A price-taker firm’s marginal revenue is: (w) constant and identical to price. (x) less than average revenue. (y) sufficient to cover all short-run costs. (z) determined by the firm’s supply curve.

    Q : Quantity demanded of good What cause do

    What cause do heterodox economists employ to argue that the quantity demanded of good is a not a function of its price but of the family’s (consumer’s) income? And also discuss, For heterodox economists, household choice is not regarding maximizing utility

  • Q : Marginal costs and marginal revenue in

    Can someone help me to solve this problem as given below: A profit maximizing firm will generate where: (w) MR > MC. (x) MC > MR. (y) MR = MC. (z) ATC > P > MC. How can I solve my

  • Q : Factors establishing elasticity of

    Factors establishing elasticity of supply: The factors below will persuade the elasticity of supply: 1. Modifications in cost of production. 2. Behavior pattern of producers. 3. Accessibility of faci

  • Q : Corporations stockholders not liable

    The corporation’s stockholders are not personally liable for the debts of firm since: (1) The Corporation is considered as a legal person, separate from its owner. (2) Usually there are too many stockholders to try to hold them all accountable. (3) In a corporat