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11 May, 00:40

Assume prices increase from $15 to $18, yet quantity remains at 25. What is the total revenue?

A: $450

B: $240

C: $625

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Answers (1)
  1. 11 May, 00:49
    0
    Given:

    Number of items = 25

    Price per item = $18

    To determine:

    The total revenue

    Explanation:

    Total revenue = quantity * price per item

    = 25 items * 18 dollar / 1 item = $450

    Ans: A) The total revenue is $450
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