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yes. total cost is the same as total revenue .
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Total revenue and total cost curves?
total cost= total revenue, it is the same thing in different name.
Profit maximization using Total revenue and Total cost approach?
level of output to look at the total revenue and total cost curve directly
How do you calculate revenue?
Total sales - Cost of goods sold = Revenue
Is the total turnover the same with the total revenue?
yah
How does a firm calculate its profit?
total revenue minus total cost
Total revenue and total cost curves?
total cost= total revenue, it is the same thing in different name.
How do you calculate marginal revenue cost by math and graphically and marginal in general?
Profit=Total revenue - Total cost
Profit maximization using Total revenue and Total cost approach?
level of output to look at the total revenue and total cost curve directly
How do you calculate revenue?
Total sales - Cost of goods sold = Revenue
How do you calculate total revenue?
To calculate total revenue you simply multiply the quantity by the price. Total revenue includes expenses; therefore, total revenue isn't the same as profit.
What is the formula for Total Revenue and Total Cost?
Total revenue equals the sale price of products multiplued by the total amount of units sold
Is the total turnover the same with the total revenue?
yah
How does a firm calculate its profit?
total revenue minus total cost
What is the formula to find the marginal cost?
Marginal Cost = Marginal Revenue, or the derivative of the Total Revenue, which is price x quantity.
The difference between total revenue and total cost?
profit or loss
Is total sales and total revenue the same thing?
yes
What is the profit if total revenue is 3000 cost of goods 1500 and total selling expenses are 500?
What would profit be is revenue is $3000, cost of goods are $1500 and expenses are $500
