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- Nikita Chetry
- Latest Answer: 1 year ago
- In: Commerce
Give the difference between revenue and cost? Why the producer must calculate them?
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1 Answers
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- Answered By Anita Sahani
- Answer: 1 year ago
Revenue is the amount a person receives by selling a certain quantity of the good at a given price whereas cost is the expenditure incurred to produce a good or during the production process.The produ...
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