If you computed: (unit price x quantity sold)- total cost.What would you be calculating?
A)total revenue
B)profit
C)marginal revenue
D)average revenue

Name: If you computed: (unit price x quantity sold)- total cost.What would you be calculating? A)total revenue B)profit C)marginal revenue D)average revenue
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The formula (unit price x quantity sold)- total cost represents the profit earned from selling a product. Therefore, the correct choice is B (profit).

If You Computed: (Unit Price X Quantity Sold)- Total Cost