Which of the following is the positive difference between revenue and costs?

Question

Quizplus · Accepted Answer

The positive difference between revenue and costs is known as profitability, which indicates whether a business is making a profit or a loss. Therefore, option B is the correct answer. Option A (volume) refers to the quantity of output produced, option C (elasticity) refers to the responsiveness of demand to price changes, and option D (net worth) is the difference between a company's assets and liabilities.

Which of the Following Is the Positive Difference Between Revenue