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The Profit Puzzle

Published on Nov 19, 2015

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1.

Profit Puzzle

Unit 3 Lesson 9
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2.

Sales Revenue=

Price x Quantity Demanded
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3.

Cost of production

Cost of all inputs: wages, materials, capital, etc.
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4.

Profit=

Sales revenue - Cost of production
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5.

How much profit do most businesses make?

  • 5%
  • 15%
  • 20%
  • 40%
  • More!?
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6.

U.S. Business averages 4-5% profit

  • Grocery Store - 1%
  • Clothing Store - 4.1%
  • Fast Food - 5.8%
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7.

Untitled Slide

Madison Farris