The total amound of money a business takes in during a given period by selling goods and services is its

REVENUE

Explanation:

Total amount of money business takes in during a given period by selling goods and services is REVENUE

Eg : A good costing Rs 5 is sold for Rs 10 , So revenue = Rs 10 . In case of many goods quantity , Total Revenue = Price X Quantity - Eg if  5 such goods are sold, Total Revenue = 10 X 5 = 50 .

Revenue shouldn't be confused with Profit . Profit is the difference between Cost & Revenue. Above ex : Profit is Rs 10 - Rs 5 = Rs 5 per unit .

Also , Revenue may be recieved / due to be recieved  (from debtors). However , revenue is recognised when the transaction is entered into , as per the accrual basis of accounting.

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yes the correct answer was

b.the increased supply will create a surplus.