The difference between what it costs to make and sell a product and what a customer pays for it is referred to as _____.
A)net value
B)gross price
C)profit
D)retail price
E)stake

Question

Quizplus · Accepted Answer

The difference between the cost of making and selling a product and what a customer pays for it is referred to as profit. This is because profit is essentially the amount of money a business makes after accounting for all its expenses.

The Difference Between What It Costs to Make and Sell