--%>

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 : Total economic of profit or loss on

    When the wholesale price P = $7 per bushel of peaches, it purely competitive peach orchard maximizes profit via producing ___ bushels of peaches at a total economic of profit or loss totaling $___. (i) zero; loss; -$4,000. (ii) 2000;

  • Q : Monopolistically-competitive market

    When numerous new firms enter a monopolistically-competitive market, in that case the demand curves facing the firms previously in that market will: (1) shift to the left and turn into more price elastic. (2) become straighter and less income elastic.

  • Q : Law of demand in Ceteris Paribus Can

    Can someone help me in finding out the right answer from the given options. The law of demand supposes that the income and tastes of the consumers are: (i) Strong determinants of the prices. (ii) Causes of movements all along the demand curve. (iii) C

  • Q : Typical pure competitor firm in industry

    When this firm is a typical pure competitor within this industry as in demonstrated figure, then the firm is: (i) making normal accounting profit. (ii) making zero economic profit. (iii) breaking even. (iv) into an industry within long run equilibrium

  • Q : Money functions Give me answer of this

    Give me answer of this question. Money functions as: A) a store of value. B) a unit of account. C) a medium of exchange. D) all of the above.

  • Q : Consequences of the price floor

    Consequences of the price floor: The consequences of price floor might be: (A) Surplus of the commodity (B) The government might resort to buffer stocks to absorb the excess in the market at the support price and sells the products to consumers beneat

  • Q : Market initially at price and quantity

    This market for peanuts is primarily into equilibrium at price: (w) P0 and quantity Q0 (x) P1 and quantity Q0 (y) P2 and quantity Q2 (z) P1 and quantity Q1

  • Q : Determine price elasticity of demand

    The price elasticity of demand for DVD games among prices of $10 and $20 is approximately: (w) 3/2. (x) 3/7. (y) 1. (z) 16.333.

    Q : Interest Rates and Bond Prices

    Increases in market interest rates are probably to be related with: (w) people’s increasing willingness to save. (x) bursting a speculative bubble into prices for hi-tech stocks. (y) increased pessimism regarding the profitability of economic in

  • Q : Loans from financial institutions Can

    Can someone please help me in finding out the accurate answer from the following question. The biggest percentage of the corporate financing comes from: (i) Issuing general stock. (ii) Loans from financial institutions. (iii) Issuing the corporate bonds. (iv) Dividend