The total amount of money generated through the sale of a product or service is called what?

• A. Total Revenue
• B. Trade
• C. Trade Name
• D. Telecommuters

Answer: (A)

Total revenue is the total amount of money a business collects from selling its goods or services. It’s calculated by price times quantity and represents all sales income before any costs are subtracted, which helps distinguish it from profit. For example, selling 100 units at $15 each yields $1,500 in revenue. This differs from profit, which subtracts expenses like materials and wages. The other terms don’t fit: trade is the act of exchanging goods or services, a trade name is the legal brand name a business uses, and telecommuters are workers who operate remotely.