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Revenue directly generates income for a business by selling goods and services, while output refers to the quantity of goods or services produced for sale. Assets, resources, and capital are vital for business operations but do not directly generate revenue.
Revenue directly generates income for a business through the sale of goods and services to customers. It is the money a company receives from its normal business activities.
Output is the quantity of goods or services produced by a business, which can be sold to customers to generate revenue.
Assets, resources, and capital are important for a business's operations but do not directly generate income like revenue does.
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