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jekas [21]
3 years ago
8

Look at the equation framework. Which of the following lists the proper placement of terms, from left to right, to complete the

equation? revenue, profit, production cost profit, revenue, production cost production cost, profit, revenue production cost, revenue, profit
History
2 answers:
Brums [2.3K]3 years ago
5 0

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.

Gwar [14]3 years ago
4 0

profit, revenue, production cost, is the answer

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Meanwhile, Basque, English, and French fishing fleets became regular visitors to the coasts from Newfoundland to Cape Cod. Some of these fishing fleets even set up semi-permanent camps on the coasts to dry their catches and to trade with local Indians, exchanging furs for manufactured goods. For the next two decades, Europeans' presence in North America was limited to these semi-permanent incursions. Then in the 1580s, the English tried to plant a permanent colony on Roanoke Island (on the outer banks of present-day North Carolina), but their effort was short-lived.

In the early 1600s, in rapid succession, the English began a colony (Jamestown) in Chesapeake Bay in 1607, the French built Quebec in 1608, and the Dutch began their interest in the region that became present-day New York. Within another generation, the Plymouth Company (1620), the Massachusetts Bay Company (1629), the Company of New France (1627), and the Dutch West India Company (1621) began to send thousands of colonists, including families, to North America. Successful colonization was not inevitable. Rather, interest in North America was a halting, yet global, contest among European powers to exploit these lands.

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