A firm imports 20 high quality bicycles into the US at a cost of $$\(\$ 3000\)$$ each. It sells them all,making a profit of $$\(\$ 1000\)$$ per bicycle. What is the firm's average revenue?
A.
\(\$ 1000\)
B.
\(\$ 2000\)
C.
\(\$ 3000\)
D.
\(\$ 4000\)
Exam No：0455_w21_qp_13 Year：2021 Question No：12
Answer:
D
Knowledge points:
3.7.4 calculation of revenue: Calculation of TR and AR
Solution:
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