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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

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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

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