Answer:
The Iron Curtain was not actually a physical wall in most places, but it separated the communist and capitalist countries. The Berlin wall on the other hand was actually a wall that was built right through the middle of Berlin the capital of Germany.
Explanation:
<span>Having been a country with radical political stances, many factions, income inequality and less education, Latin America was very heavily affected by the Great Depression. The added economic stress caused people to begin to support and the country to develop pockets of extreme Fascism.</span>
Greek culture influenced the Roman Empire and many other civilizations, and it continues to influence modern cultures today.They also made important contributions to philosophy, mathematics, astronomy, and medicine.
The correct answer is A) Revenue is the total amount producers receive after selling a good. Profit is the total amount producers earn after subtracting the production costs.
Let's suppose you sell sportsbooks. When you sell one book, you charge $20. That is the revenue or total amount after selling the book. At the end of the day, you sell five books and receive $100. That is the revenue of the day. But that money is not all for you. You need to page fixed cost, wages, taxes. So a profit is what you keep after subtracting costs and taxes. For instance, of the $20 per book, 15 dollars go to all of the mentioned concepts and you keep $5. That is your profit.
So yes, the difference between profit and revenue is the following: Revenue is the total amount producers receive after selling a good. Profit is the total amount producers earn after subtracting the production costs.
The fixed and variable expense is an important component of a company's operation.
<h3>What is Fixed expense?</h3>
It is an expense that do not change from period to period, that is, they remain constant.
<h3>Some example of Fixed expense includes:</h3>
- mortgage,
- rent payments,
- utility bills etc
<h3>What is Variable expense?</h3>
It is an expenses that usually varies depending on the firm usage of products or services.
<h3>Some example of Variable cost includes:</h3>
- sales commissions
- direct labor costs
- cost of raw materials etc
Read more about Fixed cost
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