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.
"As U.S. president from 1909 to 1913and chief justice of the U.S. Supreme Court from 1921 to 1930, William Howard Taft became the only man in history to hold the highest post in both the executive and judicial branches of the U.S. government."
Answer:
Probably because it isn't as popular as the politics that the president or vice president take part in. They're much bigger powers, while local politicians aren't that much of a bigger power than the POTUS or VP.
Which invention was most important in revolutionizing the meat industry?
Answer:
pork,bacon,sausage,ham etc
