Profit (1.1.4) 0.0 / 5 ? Business StudiesProfit (1.1.4)ASAQA Created by: lee42Created on: 24-05-19 09:36 What is the equation for profit? Profit= total revenue - total costs 1 of 5 What is the equation for average unit costs? Total costs/output (total number of units produced) 2 of 5 What is the equation for interest? interest rate x the size of the loan 3 of 5 blank blank 4 of 5 blank blank 5 of 5
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