Total revenue minus total cost is equal to a. The rate of return. b. Marginal revenue. c.

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Total revenue minus total cost is equal to

a. The rate of return.

b. Marginal revenue.

c. Profit.

d. Net cost.

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Introduction To Economics Social Issues And Economic Thinking

ISBN: 9780470574782

1st Edition

Authors: Wendy A. Stock

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Question Posted: Oct 28, 2023 12:55 AM

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Total revenue minus total cost is equal to a. The rate of return. b. Marginal revenue. c.

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The correct answer is c Profit Total revenue minus total cost is equal to profit This is a fundament...View the full answer

Introduction To Economics Social Issues And Economic Thinking

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