(Figure: Demand for Notebook Computers) Use Figure: The Demand for Notebook Computers.Total revenue at point S equals the:

A) distance 0P.
B) distance MS.
C) area 0TUM.
D) area 0PSM.

Question

(Figure: Demand for Notebook Computers) Use Figure: The Demand for Notebook Computers.Total revenue at point S equals the:A) distance 0P.B) distance MS.C) area 0TUM.D) area 0PSM.

sofia sapiandante · Accepted Answer

Final Answer : D, Explanation :  Total revenue is equal to price multiplied by quantity. At point S, the price is OS and the quantity is SM. Therefore, the total revenue is the area of the rectangle 0PSM, which is represented by choice D.

(Figure: Demand for Notebook Computers) Use Figure: The Demand for Notebook Computers.Total revenue at point S equals the:

A) distance 0P.
B) distance MS.
C) area 0TUM.
D) area 0PSM.

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