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The financial gain in an ecnonmic transaction

User Pkhlop
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1 Answer

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Answer:

Profit, is the right answer.

Step-by-step explanation:

The portion of total revenue that remains after subtracting the total cost is termed as profit. Here the total revenue indicates the amount that a company or firm receives after selling its commodity. At the same time, the total refers to all variable costs and fixed costs of the production. Opportunity costs and explicit costs are subtracted from the revenues earned to calculate the economic profit.

User Lars Truijens
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