Refer to Table 14-4. If the price per unit is \$10, what is the total revenue from selling 4 units?

• A. \$14
• B. \$4
• C. \$40
• D. \$44

Answer: (C)

Verified step by step guidance

1. Identify the price per unit given in the problem, which is \$10.
2. Determine the quantity of units sold, which is 4 units.
3. Recall the formula for total revenue: \(\text{Total Revenue} = \text{Price per Unit} \times \text{Quantity Sold}\).
4. Substitute the given values into the formula: \(\text{Total Revenue} = 10 \times 4\).
5. Multiply the price per unit by the quantity sold to find the total revenue.