What is the total revenue when 5.0 million units are sold at an average selling price of $225?

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Multiple Choice

What is the total revenue when 5.0 million units are sold at an average selling price of $225?

Explanation:
Total revenue comes from multiplying the number of units sold by the price per unit. So, 5.0 million units times $225 per unit equals 5.0 × 225 = 1,125. Since the price and quantity were in millions, the result is $1,125 million (which is $1.125 billion). The other options would reflect using different price values (for example, $200 would yield $1,000 million, $270 would yield $1,350 million, etc.), not the given $225.

Total revenue comes from multiplying the number of units sold by the price per unit. So, 5.0 million units times $225 per unit equals 5.0 × 225 = 1,125. Since the price and quantity were in millions, the result is $1,125 million (which is $1.125 billion). The other options would reflect using different price values (for example, $200 would yield $1,000 million, $270 would yield $1,350 million, etc.), not the given $225.

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