Question

Acme, inc. is a seller of the good. acme sells a unit of the good to a buyer and then pays the tax on that unit to the government. acme is left with how much money?

Answer 1

if acme sells a unit of the good to a buyer and then pays the tax on that unit to the government. then the remaining money is the net profit. it is still net profit because it is still be deducted by the cost of production by the goods sold. when it is already been deducted then it now the gross profit