Question

. Profit is denoted as which of the
following symbol?
(A) Pie
(B) Sigma
(C) Equal
(D) Multiple
3/P​

Answer 1

Answer:

Profit is denoted as Sigma

(B) Sigma ,means summation

Hope it will help you .

Answer 2

Profit is denoted as the Greek letter Pie (π). Option(A) is the correct answer.

• The difference between the proceeds from the sale of an output and the prices of all inputs used, as well as any opportunity costs, is known as an economic profit or loss.
• Opportunity costs and explicit costs are subtracted from earned revenues to determine economic profit.
• Revenue is reduced by explicit and opportunity costs to arrive at an economic profit.
• Opportunity costs are the profits a company forgoes when deciding between options.
• Profit is used internally for analysis but is not necessary for open disclosure.
• Profit is typically represented by the Greek letter π in economics.

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