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24 December, 09:23

Which of the following lists the proper placement of terms, from left to right, to complete the equation?

revenue, profit, opportunity cost

profit, revenue, production cost

production cost, profit, revenue

opportunity cost, revenue, profit

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Answers (2)
  1. 24 December, 11:09
    0
    B. profit, revenue, production cost

    Explanation:

    ED2020
  2. 24 December, 12:40
    0
    The correct answer would be option C, Production Cost, Profits, Revenue.

    Explanation:

    Production cost, Profits and Revenues are the terms used in the businesses. If we are to arrange it in order of happenings, then option C would be the appropriate choice. This is because a company incur costs in the production of its products, so the Production costs come at the first place. Then the company sells the products and generates profits on it. Then all expenses are deducted from the profits and all costs are cut. So the end result would be the Revenues. Revenues would be the last one to remain with the company.
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