multiple choice question\nprofit = (______ x quantity sold) - (fixed cost + variable cost)\no total cost\no…
multiple choice question\nprofit = (______ x quantity sold) - (fixed cost + variable cost)\no total cost\no volume\no unit price\no demand
Answer
Brief Explanations:
Profit is calculated as total revenue minus total cost. Total revenue is unit - price times quantity sold, and total cost is the sum of fixed cost and variable cost.
Answer:
C. unit price