CAIE IGCSE Economics 3.6.3 Definition of revenue
Practise recognising revenue as money received from sales and separating it from sales volume, profit, surplus or tax payments.
- Syllabus
- 2027–2029
- Course
- Economics 0455
Exam points
- choose the definition of revenue as money received from selling a firm's output
3.6.3—Definition of revenue question 1
[Maximum number: 1]
What is a definition of a firm's revenue?
A
money received from sales
B
sales volume
C
surplus over costs
D
tax payments
A
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