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30 June, 04:05

When price and quantity sold by a firm or multiply the result is called?

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  1. 30 June, 04:26
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    The price at which a firm sells one unit of its product is known as Selling Price.

    A firm will sell a certain number of units during a given period - day, week, month, year etc.

    When we multiply the Selling price and the quantity sold by a firm we get total revenues of a frim for a given period.
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