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What is the difference between profit and revenue?

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


Sagot :

Answer:

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

Explanation: