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If the price of an Economics e-text was equal to $45.00 and the quantity sold was
equal to 125, then the total revenue would equal $3,625. True or False?

Sagot :

The total revenue is not equal to $3,625.

Given that,

  • The price of the economics e-text is equivalent to $45.
  • The quantity sold is 125

So, the following formula to be used for determining the total revenue:

= Price × quantity sold

= $45 × 125

= $5,625

Therefore we can conclude that the total revenue is not equal to $3,625.

Learn more about the price here: brainly.com/question/19091385

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