Total Revenue Equals

question 51

Multiple Choice

Total revenue equals:

• A)total output multiplied by the unit cost of output
• B)total output multiplied by profit
• C)total output multiplied by the unit price of output
• D)total output divided by profit

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Definitions:

Intrapreneurs

Employees within a company who are given the autonomy to develop new projects, products, or initiatives as if they were entrepreneurs, but without bearing the external risks.

Extrinsic Rewards

Extrinsic rewards refer to tangible rewards given by an external source, such as money, prizes, or other benefits, used as motivation for performing certain tasks or behaviors.

Intrinsic Rewards

Non-material rewards that come from within an individual, such as personal satisfaction or joy from completing a task or learning something new.

Novel Ideas

Innovative or original thoughts and concepts that have not been previously conceived or fully explored.