Which of the Following Is the Correct Profit Equation

question 29

Multiple Choice

Which of the following is the correct profit equation?

• A)Total sales - total variable costs
• B)Total sales - total fixed costs
• C)Total sales - total variable costs - total fixed costs
• D)Total sales - total variable costs + total fixed costs
• E)None of the answer choices is correct.

---

Definitions:

Lifelong Poverty

A state of living in poverty for a significant portion or the entirety of an individual's life, often resulting in chronic hardships.

Adrenal Gland

An endocrine gland above the kidney that produces hormones such as adrenaline and cortisol, involved in the body's stress response.

Cortisol

A steroid hormone produced by the adrenal glands, often referred to as the "stress hormone" because its levels increase in response to stress.

Metabolism

The complex of life-sustaining chemical transformations within the cells of living organisms.