INTRODUCTION TO ECONOMICS I (İKTİSADA GİRİŞ I) - (İNGİLİZCE) Dersi The Firm and the Cost of Production soru detayı:

PAYLAŞ:

SORU:

What is the difference between total revenue and total cost?


CEVAP:

The objective of a firm that produces a good or service is to maximize its profit, which is the difference between total revenue and total cost.