Total revenue minus total cost is equal to a. The rate of return. b. Marginal revenue. c.
Question:
Total revenue minus total cost is equal to
a. The rate of return.
b. Marginal revenue.
c. Profit.
d. Net cost.
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The correct answer is c Profit Total revenue minus total cost is equal to profit This is a fundament...View the full answer
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Introduction To Economics Social Issues And Economic Thinking
ISBN: 9780470574782
1st Edition
Authors: Wendy A. Stock
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