The total amount of money that businesses take in by selling goods and services is called ________.
A: profit
B: revenue
C: loss
D: retained earnings
A: profit
B: revenue
C: loss
D: retained earnings
举一反三
- 1) Which term means “the amount of money which a business obtains (in a year) from customers by selling goods or services”? A: Annual income B: operation profit C: annual turnover D: net profit
- The increase in total revenue due to increasing the amount of labor employed by one unit is called the( ) A: Average Revenue Product. B: Marginal Product. C: Total Revenue Product. D: Marginal Revenue Product.
- The increase in total revenue due to increasing the amount of labor employed by one unit is called the( )
- The price of the goods sold and services rendered during a given A: Net<br/>income B: Profit C: Revenue D: Equity
- The privately owned and operated businesses produce about ______ of the total output of goods and services of the United States. A: half B: 60% C: 100% D: 85%