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  1. (m) Profit is the difference between the income of the business and all its costs... over a period of time. They are four main types of profit quoted by a business: Gross profit This is the difference...

    7 Answers · Business & Finance · 18/10/2006

  2. Profit = (Price-6)*(# sold) Let Price = p Let...s = -2p+40 (Sold = -2*Price+40) Substituting in the profit equation now we have Profit = (p-6)*(-2p+40) = -2p^2 +40p+12p-240 = -2p^2+52p...

    3 Answers · Science & Mathematics · 08/04/2007

  3. Profits are a needed fact of life. Where do you think that the money comes from that pays for...worth more or would you want it to just sit there and be of no more value than what you paid for it? Without profit , there is no incentive to grow or improve. Also, just who do you think that corporations really ...

    20 Answers · Politics & Government · 04/05/2010

  4. Profit divided by sales is how much is left over from all... the earnings of a company and is called profit margin. The earnings are then put back into the business or ...

    1 Answers · Business & Finance · 26/03/2007

  5. Profit "generally is the making of gain in business activity for the benefit..., one for economics and one for accounting. Pure economic profit is the increase in wealth that an investor has from making an investment...

    4 Answers · Business & Finance · 30/11/2007

  6. ... LakeCity21 Gross Profit is the difference between what you sell and...realistic. If anyone could make such phenomenal profits on a product or service you could bet that ...

    4 Answers · Business & Finance · 22/02/2012

  7. Profit generally is the making of gain in business activity for the benefit of the..., one for economics and one for accounting. Pure economic profit is the increase in wealth that an investor has from making an investment...

    1 Answers · Social Science · 17/04/2008

  8. Formal profit -maximization condition is MR=MC MR=∂TR... 100-Q=25+4Q 5Q=75 Q=15 Or similar way: Profit =TR-TC, thus Profit →MAX if (TR-TC...

    2 Answers · Social Science · 16/05/2009

  9. Profit (1 driveway) = 30-6=24 Profit (2 driveways) = 29*2-14=44 ...the second driveway would be 44-24=20. If you calculate a schedule of profits for all number of driveways, you will see it is ...

    2 Answers · Social Science · 28/10/2007

  10. Profit maximisation occurs at the point where marginal revenue (MR...) as... Profit = total revenue (TR) - total cost (TC) Profit = TR - TC To find the maximum take the first derivative...

    3 Answers · Social Science · 08/12/2009

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