Answer: profit is the difference between costs and income, there is a difference between accountping profit and economic profit
Step-by-step explanation:
The word profit mean= financial gain and advantages
Answer:
Profit is maximized at the output at which marginal revenue exceeds marginal cost by the greatest margin. Total profit is represented by the vertical distance between a total revenue curve and a total cost curve.
3 X 52 =156
100+6.5 = 106.5, 106.5/100 = 1.065
1250 X 1.065^156 = 23091323.5
$23091323.50
The answer is d.
0.08
y= −2x/3 + 400
Hope this helps :)
