Answer: Profit = Revenue - Production cost.
Explanation:
There is a correlation between the volume produced and sold and its impact on revenue, cost, and profit. These relationships are termed the revenue function, cost function, and profit function. These connections can be represented in terms of tables, graphs, or algebraic equations.
The profit is the difference between revenue and production cost.
Revenue is the product of the price per unit times the number of units sold.
The cost function is composed of the fixed cost component that remains the same despite the volume of units, and the variable cost component times the number of items.
Hello.
Cancer is an illness that has been around for years and years, but seems to just have gotten worse. The word cancer actually came from a Greek words karkinos to describe carcinoma tumors by a physician Hippocrates (460–370 B.C), but even he was not the first to discover this disease. And this is kind of where we see the origin of the sickness, which is quite some time or people to have already cracked this “code”.
I hope this completely answers your question. I’m always happy to help.
~Brooke❤️
Answer:
It has expanded by women and minorities can do a lot more things tat they couldn’t do in the past.
Explanation:
The main way in which geography affected the lives of those living in West Africa was that its location on the west coast of Africa led it to be a prominent place where slaves were shipped to the Caribbean--meaning that those who lived there were more likely to be captured and sold as slaves.
<u>Answer:</u>
Financial benefits related to unemployment and home loans due to the GI Bill caused boom in the housing development outside the cities.
<u>Explanation:</u>
- In the 1950s, the era of war was over and a new era was starting in which the veterans were returning to their homeland after World War II to start their lives as normal citizens in the American economy.
- To benefit the veterans, GI Bill was passed and it granted the veterans with unemployment pay for 1 year, guaranties for home loans, etc.
- All these factors led to the movement of people outside the cities to buy or build their own homes.
- These areas outside the city were sub-urban and hence were popularly called Suburbs.
