Question

The revenue collected from selling cameras in a certain store is calculated by taking the product of the number of:

a. Cameras sold and their price
b. Cameras displayed and their price
c. Customers and cameras sold
d. Cameras sold and store expenses

Answer 1

Total revenue is calculated by multiplying the price of the product by the quantity sold.

Step-by-step explanation:

Total revenue is calculated by multiplying the price of the product by the quantity sold. For example, if a store sells 100 cameras at a price of $200 each, the total revenue would be $20,000 (100 cameras x $200). Therefore, the correct option is a: Cameras sold and their price.