what is the difference between profit and revenue?\nrevenue is the total amount producers receive after…

what is the difference between profit and revenue?\nrevenue is the total amount producers receive after selling a good. profit is the total amount producers earn after subtracting the production costs.\nrevenue is the total amount producers earn after subtracting the production costs. profit is the total amount producers receive after selling a good.\nrevenue is the total amount producers pay to manufacture a good. profit is the total amount producers earn after subtracting the production costs.\nrevenue is the total amount producers pay to manufacture a good. profit is the total amount producers receive after selling a good.

what is the difference between profit and revenue?\nrevenue is the total amount producers receive after selling a good. profit is the total amount producers earn after subtracting the production costs.\nrevenue is the total amount producers earn after subtracting the production costs. profit is the total amount producers receive after selling a good.\nrevenue is the total amount producers pay to manufacture a good. profit is the total amount producers earn after subtracting the production costs.\nrevenue is the total amount producers pay to manufacture a good. profit is the total amount producers receive after selling a good.

Answer

Answer:

A. Revenue is the total amount producers receive after selling a good. Profit is the total amount producers earn after subtracting the production costs.

Brief Explanations:

Revenue is the income from sales. Profit is revenue minus costs. Option A correctly defines both. Option B reverses their definitions. Options C and D wrongly define revenue as a cost - related amount (revenue is income from sales, not a cost).