Profit Is Equal to

question 127

Multiple Choice

Profit is equal to

• A) marginal revenue minus marginal cost.
• B) total revenue divided by total cost.
• C) total revenue minus total cost.
• D) total revenue divided by marginal revenue.

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Definitions:

Top Executives

Top executives are the highest-ranking officers in an organization, responsible for determining strategy, making major decisions, and overseeing the overall operations.

Listening Skill

The ability to accurately receive and interpret messages in the communication process.

Content Listening

Listening to understand and retain the speaker’s message.

Retain Information

The ability to remember or keep knowledge in one's memory over time.