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Figure: The Demand for Shirts
(Figure: The Demand for Shirts) Look at the figure.At a price of $30, total revenue is ,
and at a price of $10, total revenue is _.
A.$9,000; $12,000
B.$3,000; $5,000
C.$9,000; $5,000
D.$5,000; $9,000
Net Present Value
The calculation used to determine the current value of a series of future cash flows, discounted back at a particular rate.
Required Rate of Return
The minimum percentage return an investor expects or requires from an investment to compensate for its risk.
Expected Cash Flows
Forecasted cash receipts and payments over a specified period, often used for investment appraisal.
Rate of Return
The profit or deficit experienced from an investment during a set timeframe, represented as a percent growth from the initial investment value.
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