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Question
when determining profit following a sale of a good, what must the business take into account? a. consumer demand b. competitors prices c. available supply d. operating costs
Brief Explanations
Profit is calculated as total revenue minus total costs. Operating costs are part of total costs and directly impact profit after a sale. Consumer demand, competitor's prices, and available supply can influence revenue but operating - costs are a key cost - factor for profit calculation.
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D. operating costs