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What is the difference between Cost of revenue and revenue?
m mnmk
What is the relationship between a firm's total revenue profit and total cost?
A firm's total revenue is the total income generated from selling goods or services, while total cost represents the expenses incurred in the production process. Profit is calculated as the difference between total revenue and total cost. Therefore, if total revenue exceeds total cost, the firm earns a profit; if total cost exceeds total revenue, the firm incurs a loss. This relationship highlights the importance of managing costs and maximizing revenue to achieve profitability.
What is the relationship between marginal cost and marginal revenue in determining optimal production levels?
The relationship between marginal cost and marginal revenue in determining optimal production levels is that a company should produce at a level where marginal cost equals marginal revenue. This is because at this point, the company maximizes its profits by balancing the additional cost of producing one more unit with the additional revenue generated from selling that unit.
Why does average cost include profit?
it doesn't cost is cost revenue is revenue
The difference between total revenue and total cost?
profit or loss
What is the difference between Cost of revenue and revenue?
m mnmk
The difference between revenue from sales and cost of goods sold?
Difference between revenue from sales and cost of goods sold is called "Gross profit".
What is the difference between cost and revenue?
Revenue is the profit made from an activity, while cost is the price something is.
What is the deference between 5 and .5?
Not sure about deference, but the difference is 4.5
What is the relationship between a firm's total revenue profit and total cost?
A firm's total revenue is the total income generated from selling goods or services, while total cost represents the expenses incurred in the production process. Profit is calculated as the difference between total revenue and total cost. Therefore, if total revenue exceeds total cost, the firm earns a profit; if total cost exceeds total revenue, the firm incurs a loss. This relationship highlights the importance of managing costs and maximizing revenue to achieve profitability.
What is deference between stomach?
between stomach and what?
What is the time deference between Dhaka Bangladesh Dallas Texas?
What is the time deference between Dhaka Bangladesh and Dallas Texas? Save
What is the relationship between marginal cost and marginal revenue in determining optimal production levels?
The relationship between marginal cost and marginal revenue in determining optimal production levels is that a company should produce at a level where marginal cost equals marginal revenue. This is because at this point, the company maximizes its profits by balancing the additional cost of producing one more unit with the additional revenue generated from selling that unit.
Why does average cost include profit?
it doesn't cost is cost revenue is revenue
The difference between total revenue and total cost?
profit or loss
What is called the difference between the value that an activity generates and the cost of the activity?
revenue
How do you find percent of revenue for cost?
cost/revenue x100%
