The producers calculate the total profit by substracting their total production cost from their total income/revenue.
The total profits are defined as money remaining with the producers when they deduct the entire production cost from their revenue earnings. Hence, it is said as a percentage of total revenue that is left with the business.
Therefore, the computation of profit is as below:
Here, P is the profits and TR is total revenue which is derived by multiplying price with total sold quantity. TC is the total cost which is obtained by multiplying the cost by quantity.
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Answer:
The answer is A. Byzantine Empire
Answer:
The answer is A.
Explanation:
I just took the test.
the answer is C. of religious conflict.
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b. Archduke Franz Ferdinand
c. Vladimir Lenin
d. President Woodrow Wilson