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Marketing is about meeting the needs of your targeted market, but also providing them with a value. this value is determined when subtracting the benefits a customer gets from the product with the the customer costs he does to get it. So for instance, if a customer looks for the image value, he has to see the costs he will incur to get it.
Profits will be maximized when marginal revenue is equal to marginal costs. This will only happen in cases where there are fixed costs.
Total revenue minus total costs is the total profit of a producer. This can be increased by increasing the price, decreasing the costs while keeping the price constant and/or increasing the sales of the product or service.
A company maximizes profits when marginal revenue equals marginal costs.
Profit is calculated by subtracting costs from revenue.
profit
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Revenue is important because it tells you how much money overall is coming into the business and after subtracting the costs you can see what your overall profit is.
I believe so. Net Income is equal to the income that a firm has after subtracting costs and expenses from the total revenue.
Profit is calculated by subtracting operating costs from gross revenues.
the optimal level of advertising expenditure for the firm is determined where the marginal revenue increase in costs of advertising are equal to the marginal increase in revenue
by subtracting 8 from the group number. this was answer by a Sone.
Net Income is equal to the income that a firm has after subtracting costs and expenses from the total revenue. It can refer to the total of all the flows involved or to only a subset of those flows.
By subtracting the atomic mass and atomic number
Marketing is about meeting the needs of your targeted market, but also providing them with a value. this value is determined when subtracting the benefits a customer gets from the product with the the customer costs he does to get it. So for instance, if a customer looks for the image value, he has to see the costs he will incur to get it.