Suppose that the price of Apples is $2. In addition, suppose that the firm's total costs are $21 and that the firm currently sells 90 Apples.Given this information, what is this firm's total revenue

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Answer:

$2 x 90 Apples = $180

Explanation:

Suppose that the price of Apples is $2.

In addition, suppose that the firm's total costs are $21 and that the firm currently sells 90 Apples

The firm's total revenue will be Selling Price per unit x Total output

which is given in the scenario as $2 x 90 Apples = $180

By definition Total revenue is the amount of money that a company earns by selling its goods and/or services