Home
/
Business
/
Think about an artist who owns her own business. Match each term with the example from her business that best fits that term. Total cost Profit Revenue What the artist keeps after selling a painting and paying her costs What the artist receives when a customer buys a painting What the artist pays for supplies and rent on her art studio

Question

Think about an artist who owns her own business. Match each term with the example from her business that best fits that term.

 Total cost 
 Profit 
 Revenue 


What the artist keeps after selling a painting and paying her costs
What the artist receives when a customer buys a painting
What the artist pays for supplies and rent on her art studio

Think about an artist who owns her own business. Match each term with the example from her business that best fits that term. Total cost Profit Revenue What the artist keeps after selling a painting and paying her costs What the artist receives when a customer buys a painting What the artist pays for supplies and rent on her art studio

expert verifiedVerification of experts

Answer

4.4187 Voting
avatar
VanceMaster · Tutor for 5 years

Answer

### Profit: What the artist keeps after selling a painting and paying her costs<br />### Revenue: What the artist receives when a customer buys a painting

Explain

## Step1: Define Profit<br />### Profit is what remains after subtracting costs from revenue.<br />## Step2: Define Revenue<br />### Revenue is the total amount received from selling goods or services.<br />## Step3: Match Terms<br />### Match the definitions with the given examples.
Click to rate:

Hot Questions

More x