Total Revenue Is Equal to

question 121

Multiple Choice

Total revenue is equal to

• A)the amount of funds earned by a firm minus its costs of production.
• B)the total quantity sold of a product over a given period of time.
• C)the price of a product multiplied by the number of units of the product sold.
• D)the monetary value of the capital (for example, plant and equipment)a firm owns.

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Definitions:

Right or Privilege

A distinction where a right is an entitlement or justification to have or do something, whereas a privilege is a special benefit or advantage granted to someone under certain conditions.

UN Global Compact

A United Nations initiative to encourage businesses worldwide to adopt sustainable and socially responsible policies, and to report on their implementation.

Human Rights

The inherent rights that every person is entitled to, regardless of race, nationality, gender, or religion, including the rights to life, freedom, and expression.

Eradicate Corruption

The act of eliminating dishonest or fraudulent conduct by those in power, typically involving bribery or embezzlement, aiming to establish integrity in all processes.