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    Principles of Economics Study Set 1
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    Exam 17: Measuring Economic Activity: GDP and Unemployment
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    A Firm's Revenue from Selling Its Product Minus the Cost
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A Firm's Revenue from Selling Its Product Minus the Cost

Question 66

Question 66

Multiple Choice

A firm's revenue from selling its product minus the cost of inputs purchased from other firms is called:


A) profits.
B) investment.
C) value added.
D) production costs.

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