What is the difference between profit and revenue?

A. Revenue is the total amount producers receive after selling a good. Profit is the total amount producers earn after subtracting the production costs.

B. Revenue is the total amount producers earn after subtracting the production costs. Profit is the total amount producers receive after selling a good.

C. Revenue is the total amount producers pay to manufacture a good. Profit is the total amount producers earn after subtracting the production costs.

D. Revenue is the total amount producers pay to manufacture a good. Profit is the total amount producers receive after selling a good.

Question

Marques English

Mathematics

31 August, 17:45

What is the difference between profit and revenue?

A. Revenue is the total amount producers receive after selling a good. Profit is the total amount producers earn after subtracting the production costs.

B. Revenue is the total amount producers earn after subtracting the production costs. Profit is the total amount producers receive after selling a good.

C. Revenue is the total amount producers pay to manufacture a good. Profit is the total amount producers earn after subtracting the production costs.

D. Revenue is the total amount producers pay to manufacture a good. Profit is the total amount producers receive after selling a good.

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Answers (1)

Know the Answer?

Koen Odonnell · Answer 1

Its A

Cuz Revenue is the total money, its simple, clean, and straightforward. The total money you make from selling stuff.

Profit is different. Profit is the money you actually have left after subtracting costs for making the stuff you r selling in the first place.