Suppose Paul works as a programmer at a salary of $300 per day. During that time he produces programs that are sold for $600.
A) Profits are $600 per day.
B) Profits are $300 per day.
C) Profits are $1800 per day.
D) Profits are $900 per day.

Question

Quizplus · Accepted Answer

Profits are calculated by subtracting costs (Paul's salary of $300) from revenue (programs sold for $600), resulting in $300 profit per day.

Suppose Paul Works as a Programmer at a Salary of $300