The total revenue that Darren generates is:
Total revenue = Price x Quantity
Total revenue = $0.50 x 300
Total revenue = $150
Hence, the correct answer is (a) $150.
The answer to the problem is (a) $150.
The problem asks to find the total revenue that Darren generates by selling 300 glasses of iced tea at $0.50 each. Total revenue is calculated by multiplying the price per unit by the quantity sold. In this case, the price per glass of iced tea is $0.50, and the quantity sold is 300.
Therefore, the total revenue that Darren generates is:
Total revenue = Price x Quantity
Total revenue = $0.50 x 300
Total revenue = $150
Hence, the correct answer is (a) $150.