Profit Is

question 32

Multiple Choice

Profit is

• A)The difference between total cost and variable cost.
• B)The difference between total revenue and total cost.
• C)Earned at all points along the production function.
• D)Possible only with technical efficiency.

---

Definitions:

Flickr

An online platform and social networking site for hosting, sharing, and managing photos and video content.

Photo Albums

Collections of photographs organized in a book or digital format for easy viewing and preservation.