question archive Which of the following accurately explains how profit is calculated? A
Which of the following accurately explains how profit is calculated? A
Subject:EconomicsPrice:2.87 Bought7
Which of the following accurately explains how profit is calculated?
A.Costs are subtracted from revenues.
B.Total retail sales are determined
C.Benefits and costs are balanced.
D.Gross domestic product is calculated.
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ANSWER IS
A.Costs are subtracted from the Revenue
Step-by-step explanation
Profit is the revenue remaining after all costs are paid commonly known as financial gain
