If revenues exceed ________, profit is ________.
A) total cost; negative
B) fixed cost; positive
C) variable cost; negative
D) total cost; positive

Name: If revenues exceed ________, profit is ________. A) total cost; negative B) fixed cost; positive C) variable cost; negative D) total cost; positive
Brand: Quizplus
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Question

Quizplus · Accepted Answer

When revenues exceed total cost, profit is positive because total cost includes all expenses (fixed and variable), and exceeding this amount means the business is generating more money than it's spending.

If Revenues Exceed ________, Profit Is ________

If Revenues Exceed , Profit Is