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CBSE Class 12-commerce Answered

What is revenue? What is the difference between revenue and profit?
Asked by Topperlearning User | 25 Apr, 2016, 02:51: PM
answered-by-expert Expert Answer

A firm by selling a good in the market receives money from sale is called revenue. Profit is the difference between revenue and costs, whereas the revenue is the sum of cost and profit.

Answered by | 25 Apr, 2016, 04:51: PM
CBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 25 Apr, 2016, 02:51: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 25 Apr, 2016, 02:51: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 25 Apr, 2016, 02:51: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 25 Apr, 2016, 02:51: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 25 Apr, 2016, 02:51: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 25 Apr, 2016, 02:51: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 25 Apr, 2016, 02:51: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 25 Apr, 2016, 02:51: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 25 Apr, 2016, 02:51: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
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