Answers CMS 2026-2027 Economics and Personal Finance CREDIT RECOVERY PretestQuestion 9

9

lesson pretestMultiple Choice

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Question 9 • CMS 2026-2027 Economics and Personal Finance CREDIT RECOVERY

What is the difference between profit and revenue?

Answer

A

Revenue is the total amount producers pay to manufacture a good. Profit is the total amount producers earn after subtracting the production costs.

B

Revenue is the total amount producers earn after subtracting the production costs. Profit is the total amount producers receive after selling a good.

C

Revenue is the total amount producers receive after selling a good. Profit is the total amount producers earn after subtracting the production costs.

D

Revenue is the total amount producers pay to manufacture a good. Profit is the total amount producers receive after selling a good.

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