What is the difference between Revenue and Profit?
A) Revenue is the money a business brings in from the sale of goods or services. Profit is the money a business brings in minus the costs.
B) Revenue is the money a business brings in minus the costs. Profit is the money a business brings in from the sale of goods or services.
C) Revenue is the total cost of production including land, labor, and capital. Profit is the money a business brings in plus the costs.
D) There is no difference between Revenue and Profit.