Answered

Find expert answers and community support for all your questions on IDNLearn.com. Our Q&A platform offers reliable and thorough answers to help you make informed decisions quickly and easily.

Profit equals the total amount of money made minus expenses. prices. revenue. supply.

Sagot :

Macintoshical101idn

Answer:

expenses

Explanation:

The equation for profit is revenue-expenses

not prices: remember these as price tags on the bread you get at supermarkets

not revenue: revenue is the total amount of money made

not supply: completely unrelated to price

Adefioyelaoyeidn

Profit equals the total amount of money made minus expenses.

What is Profit?

This is the gain or profit realized from a transaction. It can be calculated by using the formula below:

Profit = Revenue - Expenses.

The profit is important as it helps business owners in the fixing of prices of goods and services so as to ensure that gain is maximized and continuous running of the company.

Read more about Profit here https://brainly.com/question/1078746

We value your participation in this forum. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. Your search for solutions ends at IDNLearn.com. Thank you for visiting, and we look forward to helping you again.