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प्रश्न
What does net profit represent for a producer?
पर्याय
Revenue after subtracting only fixed costs
Revenue after subtracting only variable costs
Revenue after subtracting both fixed and variable costs
Revenue plus total cost
MCQ
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उत्तर
Revenue after subtracting both fixed and variable costs
Explanation:
Net profit is total revenue minus total cost, and total cost includes both total fixed cost and total variable cost.
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