What is the meaning of Total Revenue? How is it calculated? Explain with example.
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Explanation:
It is the total income of a business and is calculated by multiplying the quantity of goods sold by the price of the goods. For example, if Company A produces 100 widgets and sells them for $50 each, the total revenue would be 100 * $50 = $5,000. It is obtained by dividing the total revenue by the number of units sold.
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it is the total income of the total revenue by transferred from lower than the market price....‼️......‼️...❤️
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