1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Olegator [25]
4 years ago
5

How does a firm calculate its profit?

Social Studies
2 answers:
Illusion [34]4 years ago
5 0

Answer and Explanation:

What is Profit:

Profit is a positive value for revenue minus costs. (A negative difference always shows a loss.)

How is profit calculated in a firm:

The easiest way to find profit is to take the total revenue of the business and minus the total cost of the business. Hence, Profit = Total Revenue – Total Cost.

The total revenue or TR, is calculated from the price of a goods multiplied with the quantity of goods sold. While the total cost, or TC, is the sum of fixed cost and variable cost incurred. Hence, now the equation becomes as follows

Profit = P.Q - (Fixed Cost + Variable Cost).


kondor19780726 [428]4 years ago
4 0

Answer:

Total revenue minus total cost

Explanation:

I just got 100% on this test

GradPoint

You might be interested in
The U.S. government has used many strategies
Volgvan

The price of the product would be the factor that affects demand.

  • Increment in the taxation of the smoking prices, this would lead to higher expenses for everybody, there may be substantial consequences for many of the population has resulted in even minor decreases throughout the consumption of the cigarette.
  • Those individuals whose smoking has been decreasing since taxation is increasing and discourages non-smokers from either the beginning as well as encourages established people to stop such tobaccos as well as cigarettes smoking.

Thus the answer above is correct.

Learn more:

brainly.com/question/17353256

6 0
3 years ago
Sheila is playing softball with a group of her friends. Recently, she has been thinking about how her team members need to work
emmasim [6.3K]

Answer: Generalized others

Explanation:

According to the theory of George Herbert Mead , generalized other is the term that defines about attitude and behavior displayed by the larger group of individual in symbolic interactionism. This factor helps a person to connect with the society.

This concept is found in childhood development process that refers to all other people linked with the individual.

As per the question's scenario, Shelia is developing the concept of generalized others.She is thinking about the other people while playing softball to work as the group.This process display that she is linking herself with other team members to play as team.

5 0
3 years ago
Which statement best describes the relationship between plus CV Ferguson and brown with the board of education
kap26 [50]

Complete Question:

Which statement best describes the relationship between Plessy v. Ferguson and Brown v. Board of Education?

A. Both cases addressed the need for due process of law.

B. Both cases dealt with the rights of minors in schools.

C. The Brown decision overturned the Plessy decision.

D. The Brown case was a precedent for the Plessy case

Answer:

C. The Brown decision overturned the Plessy decision.

Explanation:

Plessy v. Ferguson was a landmark court case between Homer A. Plessy and John H. Ferguson, in which the justices of the Supreme Court unanimously ruled (7-1) on the 18th of May, 1896 that racial segregation laws for public facilities didn't violate the "separate but equal" clause of the 14th Amendment to the Constitution of the United States of America.

The Fourteenth Amendment is an amendment to the constitution of the United States of America and it addresses the issue of civil and legal rights for the African American citizens and slaves who had gained freedom after the American Civil War. The 14th Amendment is made up of the clause known as the equal protection of the laws.

An equal protection is a clause that states and guarantees that no state and local governments shall make or enforce any law which would contravene the privileges, rights or immunities of all persons born or naturalized in the United States of America. Simply stated, the equal protection guarantees that all citizens will be treated equally by the law. The equal protection clause took effect in the United States of America in 1868.

Further, the Brown v. Board of Education of Topeka was a landmark litigation or court case between Oliver Brown and the Board of Education in which the justices of the Supreme Court unanimously ruled (9-0) in 1954 that racially segregating children in public schools was unconstitutional because it violates the Equal Protection Clause of the Fourteenth Amendment (14th) of the Constitution of the United States of America.

Hence, the statement which best describes the relationship between Plessy v. Ferguson and Brown v. Board of Education is that, the Brown v. Board of Education decision overturned the Plessy decision.

6 0
3 years ago
What change did king ezana of aksum make in the A.D 300s
Ivan
I just answered this lol. He made Christianity the official language of the Kingdom. 
3 0
3 years ago
What were the economies of the US and Europe <br><br>like at the end of the world war 2 ?
Art [367]

Explanation:

America's involvement in World War II had a significant impact on the economy and workforce of the United States. American factories were retooled to produce goods to support the war effort and almost overnight the unemployment rate dropped to around 10%.

4 0
3 years ago
Other questions:
  • A speaker who argues that violent video games lead children to become involved in destructive and illegal activities is using wh
    9·1 answer
  • In funding schools, urban areas struggle the most, suffering not only from lower property values but also from the need to use t
    6·1 answer
  • Countries are likely to form a large national debt if they:
    6·1 answer
  • Study the following quote. Then answer the question that follows.
    13·1 answer
  • Match each government body to the correct country.
    10·1 answer
  • Use your notes to identify the ideals of chivalry.
    14·1 answer
  • Cultural diffusion always involves which of the following?
    15·1 answer
  • A researcher interested in how changes in the cells of the hippocampus (a structure in the brain related to learning and memory)
    7·1 answer
  • Campare sublimation with deposition?
    6·1 answer
  • How do customs preserve the distinctive identity of a community? ​
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!