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How is profit determined? A.) total revenue plus total cost B.) marginal revenue minus marginal cost C.) total revenue minus total cost D.) marginal revenue plus marginal cost

How is profit determined? A.) total revenue plus total cost B.) marginal revenue minus marginal cost C.) total revenue minus total cost D.) marginal revenue plus marginal cost
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4 votes
How is profit determined?

A.) total revenue plus total cost
B.) marginal revenue minus marginal cost
C.) total revenue minus total cost
D.) marginal revenue plus marginal cost

User Zeukis
by
8.0k points

1 Answer

3 votes
C. Total revenue minus total cost
User Gary Chang
by
8.6k points
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