The profit equation is:
A)(Unit price × Q)- (Unit variable costs × Q)- Total fixed costs = Profit
B)(Unit price × Q)- (Unit variable costs × Q)+ Total fixed costs = Profit
C)(Unit price - Unit variable costs - Total fixed costs)× Q = Profit
D)(Unit price × Q)+ (Unit variable costs × Q)+ Total fixed costs = Profit

Question

Quizplus · Accepted Answer

The correct profit equation is: Profit = (Unit price × Quantity) - (Unit variable costs × Quantity) - Total fixed costs. This formula calculates profit by subtracting the total variable costs and total fixed costs from the total revenue.

The Profit Equation Is