annaharmon343 annaharmon343
  • 22-02-2018
  • Business
contestada

What is the total amount of money a firm receives by selling goods or services called?'?

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MrsTriplet MrsTriplet
  • 03-03-2018
The total amount of money a firm receives by selling goods or services is called total revenue. Total revenue is defined as the total receipts of sales from any good or service provided. You can find the total revenue of a business by multiplying the price of the good/service by the quantity of goods sold. 
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