Total Revenue - Total Costs = ?
Intro to Business Vocab 1
Flashcard
•
Business
•
9th - 10th Grade
•
Hard
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25 questions
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1.
FLASHCARD QUESTION
Front
Back
profit
2.
FLASHCARD QUESTION
Front
Amount spent on raw materials, labor, and capital for production
Back
cost
3.
FLASHCARD QUESTION
Front
Buildings, tools, and machines used to produce goods and services
Back
capital
4.
FLASHCARD QUESTION
Front
Amount customer pays for product
Back
price
5.
FLASHCARD QUESTION
Front
Money coming into a business from sales and investments
Back
revenue
6.
FLASHCARD QUESTION
Front
Amount customer pays for product
Back
price
7.
FLASHCARD QUESTION
Front
Devoting resources for future profit or production
Back
investment
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