Total Revenue Is in Dollars and X Is the Number

question 50

Multiple Choice

Total revenue is in dollars and x is the number of units. Suppose that the total revenue function for a commodity is Find , and tell what it represents. ​

• A) $9.60. This represents the revenue from the sale of 40 units.
• B) $478.80. This represents the marginal revenue from the sale of 40 units.
• C) $480.00. This represents the marginal revenue from the sale of 40 units.
• D) $432.00. This represents the revenue from the sale of 40 units.
• E) $1.20. This represents the revenue from the sale of 40 units.

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Definitions:

Compounded Annually

Interest on a loan or mortgage calculated on an annual basis, where interest from previous periods also earns interest in subsequent periods.

Financial Emergency

A situation where an individual or organization experiences a sudden and severe lack of funds, necessitating immediate action.

Annual Rate Of Growth

The percentage increase in the size or value of something over a one-year period.

Rate Of Growth

The speed at which a variable, such as an economy, company's sales, or an investment, increases over a certain period of time.