Answer to Question #92376 in Microeconomics for Rana phirdosh

Question #92376

How is pure profit different from gross profit ?

Expert's answer

Gross profit is the result of core operating activities, that is, total revenue minus the total cost of goods sold (services provided).

And the pure profit is real profit at no cost.

Learn more about our help with Assignments: Microeconomics

No comments. Be the first!

Who Can Help Me with My Assignment

There are three certainties in this world: Death, Taxes and Homework Assignments. No matter where you study, and no matter…
How to Finish Assignments When You Can’t

Crunch time is coming, deadlines need to be met, essays need to be submitted, and tests should be studied for.…
How to Effectively Study for a Math Test

Numbers and figures are an essential part of our world, necessary for almost everything we do every day. As important…