Total Revenue Is

question 152

Multiple Choice

Total revenue is

• A) what the firm seeks to maximize.
• B) greater than total expenditure.
• C) less than total expenditure.
• D) calculated as sales divided by quantity.
• E) calculated as price multiplied by quantity.

---

Definitions:

Slash-And-Burn Agriculture

A method of agriculture where vegetation is cut down and burned as a technique to clear land for cultivation, but can lead to soil degradation and deforestation.

Stratospheric Ozone

A layer of ozone molecules located in the Earth's stratosphere, protecting life by absorbing most of the sun's harmful ultraviolet radiation.

UVB

Ultraviolet B light, a component of sunlight with wavelengths between 280-315 nm, known for its role in vitamin D synthesis and skin tanning.

CFCs

Chlorofluorocarbons, compounds that were widely used as refrigerants and aerosol propellants but are harmful to the ozone layer.