18 to 24 years
25 to 44 years
45 to 64 years
65 years and older
Less than high school
27.0
29.2
40.3
51.9
High school graduate
39.9
44.8
61.1
68.5
Some college or associate’s degree
56.6
63.8
74.3
79.1
Bachelor’s degree or more
70.2
76.7
81.1
82.0
Source: U.S. Census Bureau, Current Population
Answer:
The answer is C 100%
Explanation:
B. Revenue is the total amount producers earn after subtracting the production costs. Profit is the total amount producers receive after selling a good.
C. Revenue is the total amount producers pay to manufacture a good. Profit is the total amount producers earn after subtracting the production costs.
D. Revenue is the total amount producers pay to manufacture a good. Profit is the total amount producers receive after selling a good.
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.
Profit is what producers earn after subtracting production costs, while revenue is the total amount received from sales. Knowing the difference is crucial for assessing financial performance.
Profit is the total amount that producers earn after subtracting the production costs, while revenue is the total amount that producers receive after selling a good or service. In other words, revenue is the money generated from sales, while profit is what remains after deducting the expenses.
For example, let's say a company sells a product for $100. If the production costs for that product amount to $80, the company's revenue would be $100, but its profit would be $20 ($100 - $80).
Understanding the difference between profit and revenue is important for businesses as it allows them to assess their financial performance and make informed decisions regarding pricing, cost management, and profitability.
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they were the first british men to bring stuff there.
The main use of freshwater worldwide is for agriculture. Agriculture is the largest consumer of freshwater resources, accounting for approximately 70% of global freshwater withdrawals.
This water is used for irrigation to grow crops and sustain livestock, supporting food production to meet the demands of a growing global population. Access to freshwater is crucial for agricultural productivity and food security, making it a vital resource for sustaining human life and livelihoods.
However, the increasing pressure on freshwater supplies due to population growth and climate change calls for responsible water management practices to ensure the availability of this precious resource for current and future generations.
Learn more about freshwater:
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Answer:irrigation
Explanation: