Question

To calculate profit, producers subtract their total production cost from their
total revenue
marginal revenue
marginal cost
total units produced

Answer 1

Answer:

A. total revenue

Explanation:

To calculate profit, producers actually subract their total cost of production from the "Total Revenue" generated.

Mathematically,

Profit = Total Revenue - Total Cost Of Production.

It can also be calculated by subtracting cost price from selling price.

Answer 2

Answer:

total revenue

Explanation:

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