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Profit is always calculated as revenue minus expenses. If a company’s expenses were $10 million, write an equation that expresses profit, P, (in millions of dollars) in terms of revenue, R, (in millions of dollars). Then, determine the profit when revenue is $25 million. the answers are a. p=10-r;$15 million b.p=r-10;$15 million c.p= r-10;$35 million d.p=10-r;$35 million
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Profit is always calculated as revenue minus expenses. write that in mathical notation ...
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