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Total revenue is always equal to?

Economics
JAMB 1988
Total revenue is always equal to?
  • A. marginal revenue multiplied by the quantity sold
  • B. average revenue plus marginal revenue
  • C. marginal revenue multiplied by marginal cost
  • D. average revenue multiplied by the quantity sold
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Correct Answer: Option D
Explanation
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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