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Home / My courses / ECON247v11 / Unit 6 / Quiz 6 Question 6 Not yet answered Marked out of 1.00 Flag question A certain
Home / My courses / ECON247v11 / Unit 6 / Quiz 6 Question 6 Not yet answered Marked out of 1.00 Flag question A certain firm manufactures and sells computer chips. Suppose that last year it sold four million chips at a price of $10 per chip. Which of the following terminology correctly accounts for the $40 million to this firm? Select one: a. Its accounting profit amounted to $40 million. b. Its explicit costs amounted to $40 million. c. Its total revenue amounted to $40 million. ounted to $40 million
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