Difference between revisions of "Profit equation of the firm"
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(Created page with "'''Profit equation of the firm''' is the quantity sold times the difference between the price at which that quantity is sold and its variable cost ...") |
m (1 revision: Import Pages Professional Pricing Society) |
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Latest revision as of 20:15, 9 January 2013
Profit equation of the firm is the quantity sold times the difference between the price at which that quantity is sold and its variable cost to produce, less the firm’s fixed costs.