cost, revenue, profit Flashcards

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1
Q

what is total costs?

A

all money left for running business

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2
Q

what is profit?

A

money left after you buy a total cost

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3
Q

what is revenue?

A

all money you have after selling.

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4
Q

what is variable cost?

A

cost for running business that cab change. ( if you sell more you have more revenue and can buy more variable cost)

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