a. the absolute freedom of the individual
To calculate profit, producers subtract total costs from total income.
This is a basic premise of cost theory. Total revenue is obtained by multiplying the price by the quantity sold. The total cost is the multiplication of the cost of each unit by the quantity.
Profit is the decrease in revenue by cost.
S the Vietnam War<span> escalated, </span>America's<span> leaders and soldiers found themselves in a quagmire with no victory in sight. Eventually the </span>war<span> weakened the American economy, divided the people, and eroded the nation's morale.</span>
It was caused by farmers farming the same plant over and over which ruined the soil making it dusty and easy to blow in the wind. Many people grew poor and moved to the cities because of it.
