Question

What is the difference between profit and revenue?

Revenue is the total amount producers receive after selling a good. Profit is the total amount producers eam after
subtracting the production costs
Revenue is the total amount producers eam after subtracting the production costs. Profit is the total amount producers
receive after selling a good
Revenue is the total amount producers pay to manufacture a good. Profit is the total amount producers earn alter
subtracting the production costs
Revenue is the total amount producers pay to manufacture a good Profit is the total amount producers receive after
selling a good

Answer 1

Step-by-step explanation:

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Revenue is the total amount of income generated by the sale of goods or services related to the company's primary operations. Profit, typically called net profit or the bottom line, is the amount of income that remains after accounting for all expenses, debts, additional income streams and operating costs