Question

What is the difference between profit and revenue?

Answer 1

Answer:

A. Revenue is the total amount producers receive after selling a good. Profit is the total amount producers earn after subtracting the production costs.

Explanation:

Revenue alludes to the measure of cash your business is accepting as installments from your clients previously any expenses or costs are deducted. It is appeared at the best thing of the pay explanation from which all charges, costs, costs are deducted to get the benefit of the association. Profit is the surplus staying after all out expenses are deducted from absolute income.