If a firm reports $24 million in profit on revenues of $210 million, its costs are $ million. (Insert a number.)
Question
Solution 1
The costs of the firm can be calculated by subtracting the profit from the revenues.
Here are the steps:
- Start with the total revenues: $210 million.
- Subtract the profit: $24 million.
- The result is the costs.
So, 24 million = $186 million.
Therefore, the firm's costs ar Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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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.
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