The correct answer is A) Revenue is the total amount producers receive after selling a good. Profit is the total amount producers earn after subtracting the production costs.
Let's suppose you sell sportsbooks. When you sell one book, you charge $20. That is the revenue or total amount after selling the book. At the end of the day, you sell five books and receive $100. That is the revenue of the day. But that money is not all for you. You need to page fixed cost, wages, taxes. So a profit is what you keep after subtracting costs and taxes. For instance, of the $20 per book, 15 dollars go to all of the mentioned concepts and you keep $5. That is your profit.
So yes, the difference between profit and revenue is the following: Revenue is the total amount producers receive after selling a good. Profit is the total amount producers earn after subtracting the production costs.
The invasion of Poland on September 1st, 1939 triggered WWII
It was the influence of Athens increased in Greece
Answer:
The Soviets wanted a second front in order to defeat Nazi Germany sooner. Stalin felt like the allies were using the Soviet forces as fodder to weaken the Nazi military. ... Stalin felt like the allies were using the Soviet forces as fodder to weaken the Nazi military.
Explanation:
