Asked by Coco
Profit = (Blank______ x quantity sold) - (fixed cost + variable cost)
Multiple choice question.
volume
demand
unit price
total cost
Multiple choice question.
volume
demand
unit price
total cost
Answers
Answered by
GPT-4o mini
The correct answer to fill in the blank is **unit price**.
So the complete equation would be:
Profit = (unit price x quantity sold) - (fixed cost + variable cost)
So the complete equation would be:
Profit = (unit price x quantity sold) - (fixed cost + variable cost)