Skip to content

Course home

Sign up

Card 1 of 26

How is total revenue calculated?

A
TR=PQ TR = \frac{P}{Q} TR=QP​
B
TR=Q−P TR = Q - P TR=Q−P
C
TR=P×Q TR = P \times Q TR=P×Q
D
TR=P+Q TR = P + Q TR=P+Q

Card 1 of 26

2.2.7 relationship between price elasticity of demand and total expenditure on a product Flashcards

  1. Intl A Level
  2. /Economics
  3. /2.2.7 relationship between price elasticity of demand and total expenditure on a product

26 flashcards on CIE Intl A Level Economics 2.2.7 relationship between price elasticity of demand and total expenditure on a product: the key terms and definitions you need to recall.

Flashcards