Total revenue minus total cost is equal toGroup of answer choicesthe rate of return.marginal revenue.profit.net cost.

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Solution 1

To determine what "total revenue minus total cost" is equal to, let's analyze the terms involved:

Total Revenue (TR): This is the total amount of money generated from sales of goods or services. It is calculated as: $\text{TR} = \text{Price} \times \text{Quantity}$
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Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
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