Define total revenue of firm. – InterviewSolution

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1.	Define total revenue of firm.
Answer» <p>Total revenuein economics refers to thetotalreceipts fromsalesof a given quantity of goods or services. It is thetotalincome of a business and is calculated by multiplying the quantity of goods sold by the price of the goods.</p><p>Like my answer if you find it useful!</p> <p>what does avertical supply curve impl</p> <p>suppo2 see there are three firms in a perfectly competitive market. all these firms have similar supply curve (SS)draw that market supply curve as given in the supply schedule </p>

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