_______ is the difference between total revenues and total costs.
A) Strategy
B) Profit
C) Asset
D) Economies of scale
E) Gross margin

Question

Quizplus · Accepted Answer

Profit is the difference between total revenues and total costs, and is a measure of a business's financial performance. It indicates whether a company is able to generate more revenue than it spends on operations, and is essential for long-term sustainability and growth.

_______ Is the Difference Between Total Revenues and Total Costs