Which of the Following Formulas Defines Profit

question 74

Multiple Choice

Which of the following formulas defines profit?

• A) (price x demand) - (fixed costs) - (variable costs x demand)
• B) price - demand - (fixed costs x variable costs)
• C) price + (demand - fixed costs) x variable costs
• D) price x (demand - fixed costs) + variable costs

---

Definitions:

Design the Promotion

The process of planning and creating marketing activities to boost product or service sales.

State the Mission

The process of articulating an organization's core purpose and objectives to guide its actions and priorities.

Personality Coefficient

A statistical measure that assesses the strength and direction of the relationship between personality traits and behaviors or outcomes.

Situationism

The theory that environmental factors and contexts play a significant role in influencing an individual's behavior.