What revenue is received by firms from sales that is NOT used to pay for factors of production?
A) rent
B) wages
C) profit
D) interest

Name: What revenue is received by firms from sales that is NOT used to pay for factors of production? A) rent B) wages C) profit D) interest
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Question

Quizplus · Accepted Answer

Profit is the revenue that remains after all the costs of production (such as rent, wages, and interest) have been paid. Therefore, it is the revenue received by firms from sales that is not used to pay for factors of production.

What Revenue Is Received by Firms from Sales That Is