64.3k views
1 vote
The difference between the value that an activity generates and the cost of the activity is called the ________.

1 Answer

1 vote
The difference between the value that an activity generates and the cost of the activity is called the margin.

The margin is the number you get if you subtract a companies selling price by the cost to make that product or service. Businesses have profit margins they they are expected to meet and maintain.
User Ben Schoepke
by
6.2k points