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.
Little Rock: A black girl was blocked from entering the Little Rock high school and Eisenhower made statetroopers help her get into school.
B vs T: a black girl had to walk to school 20 blocks each day and her father filed a case against the area for that. NAACP victory with 'separate but equal' declared unconstitutional
People were more inspired by the so-called "American Dream" and the American ideals of life.
Answer:
*set up rules by adding africa to eurooe
*reduc3d tensions between countries so there wouldn't be any wars
The correct answer is C) Adam Smith, since this philosopher considered free competition as the most suitable means of economics; That is to say, it considered important the establishment of a free market as well as free competition.
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