Please explain how to calculate total revenue

Q: at a subscription price of $12.99 per month the peloton app has 874,000 digital subscribers .…

A: To find out how much money Peloton makes in total each month from its digital subscription service,…

Q: PriceQuantity Total Demanded Revenue Revenue Marginal Total Cost Marginal Cost $24 1000 $24,000 ***…

A: GIVEN     Price Quantity Demanded Total Revenue Marginal Revenue Total Cost Marginal Cost $24…

Q: Calculate marginal revenue for Q = 5

A: Marginal revenue is the additional revenue a firm gets by selling an additional unit of output.

Q: AutoSave Document3 Home Insert Draw Design Layout References Mailings Review View Tell me e Share…

A: Total revenue refers to the receipts received after the sales of the given quantity of a commodity…

Q: f profit for the shoes firm is $400 and the cost is $800 Calculate total reven

A: Total revenue refers to price multiplied by quantity. Total revenue refers to total receipts from…

Q: uantity Price ($) Total Revenue ($) Marginal Revenue ($) Total Cost ($) Marginal Cost ($)…

A: A firm maximises its total profit in a very noncompetitive market by equalisation monetary value to…

Q: What is the cost revenue? Explain with example?

A: Cost revenue is the total expenditure of producing and delivering a product or service to customers.…

Q: Find average revenue if output is 100 units and total revenue is $2000

A: The information being given to us is:- Total revenue of firm = $2000 Output = 100 units  We have to…

Q: Morgan took $400 000 out of their savings account to start an ice cream stand. The savings account…

A: Given:Implicit cost:=4,00,000*5%=$20,000Explicit cost=Incurred cost=$12,000Total…

Q: Calculate average revenue when it is given that Total revenue is $70 and output is 5 units

A: Given information is as follows:- Total revenue = $70 Output = 5 units We need to find the value of…

Q: The value of Total revenue is $400 and the average revenue is $40 Calculate the output

A: # if we are given the value of total revenue and average revenue then we can easily calculate the…

Q: Price is given to be as $70 and the total quantity sold are 87 calculate the total revenue generated

A: # We know that we can calculate the total revenues generated by the firm by simply multiplying the…

Q: If total revenue is $300 and output is 10 units Find average revenue

A: According to the above mentioned question, we have:- Total revenue = $300 Output = 10 units  Average…

Q: A firm collect $300 by selling 5 bicycle and collect $330 by selling 6 bicycle. Calculate the…

A: The selling price of 5 units (bicycle) = $300 The selling price of 6 units (bicycle) = $330

Q: Calculate average revenue when quantity is 13 and the total revenue is 550

A: # We know that the average revenue is Given as:- AR = Total cost / Total quantity

Q: What is meant by economy of scope and how does Starbucks use it?

A: Economies of Scale: Economies of scale are the cost advantages of a firm when they increas their…

Q: On the following graph, use the green point (triangle symbol) to plot the weekly total revenue when…

A: The total receips collected from the sale of goods at the market price is known as the total…

Q: What is the definition of Total Revenue and Marginal Revenue

A: In economics, total revenue and marginal revenue both terms are used.