Which of the Following Could Be Used to Calculate the Profit

question 62

Multiple Choice

Which of the following could be used to calculate the profit for a firm?

• A)Profit = MR - MC
• B)Profit = MR - TC
• C)Profit = (P - MC) × Q
• D)Profit = (P - ATC) × Q

---

Definitions:

Miscegenation

Miscegenation is the interbreeding of people considered to belong to different racial groups, through marriage, cohabitation, sexual relations, or procreation, often historically subject to legal restrictions and social taboo.

Intermarriage

The marriage between people of different racial, ethnic, religious, or social backgrounds.

State Legislatures

The legislative bodies in each of the states in the United States, responsible for making state laws.

Irrigated Agricultural Acreage

Land area specifically dedicated to agriculture that receives water through artificial means, such as canals, ditches, or sprinklers, to support crop production.