Firm's price multiplied by Quantity of output produced gives __.Multiple choice question.marginal revenuetotal revenueaverage revenuetotal profits

Total revenue equals:Multiple choice question.price times cost.cost times output.output times quantity.price times quantity.

The added revenue that a firm takes in when it increases output by one additional unit is ________ revenue.Group of answer choicestotalmarginalvariablefixed

A firm's total output times the price at which it sells that output is:Question 8Select one:a.net revenue.b.total revenue.c.average revenue.d.marginal revenue.

Extra or additional revenue associated with the production of an additional unit of output is the _______ revenue.Multiple choice question.marketexcessmarginalaverage

The total output of a business divided by the number of labor units employed gives the _____ product of labor.Multiple choice question.marginalmedianaverage