Answer to Question #92376 in Microeconomics for Rana phirdosh

Question #92376
How is pure profit different from gross profit ?
1
Expert's answer
2019-08-09T10:14:24-0400

Gross profit is the result of core operating activities, that is, total revenue minus the total cost of goods sold (services provided).

And the pure profit is real profit at no cost.


Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be the first!

Leave a comment

Ask Your question

LATEST TUTORIALS
New on Blog
APPROVED BY CLIENTS