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2.1: Revenue, Cost, and Profit
https://socialsci.libretexts.org/Bookshelves/Economics/Managerial_Economics_Principles_(LibreTexts)/02%3A_Key_Measures_and_Relationships/2.01%3A_Revenue_Cost_and_Profit
Most businesses sell something—either a physical commodity like an ice cream bar or a service like a car repair. In a modern economy, that sale is made in return for money or at least is evaluated in ...Most businesses sell something—either a physical commodity like an ice cream bar or a service like a car repair. In a modern economy, that sale is made in return for money or at least is evaluated in monetary terms.
9.2: Production Cost
https://socialsci.libretexts.org/Bookshelves/Economics/Economics_(Boundless)/9%3A_Production/9.2%3A_Production_Cost
Variable costs change according to the quantity of goods produced; fixed costs are independent of the quantity of goods being produced.
1.4: Basic Economic Questions
https://socialsci.libretexts.org/Bookshelves/Economics/Economics_(Boundless)/1%3A_Principles_of_Economics/1.4%3A_Basic_Economic_Questions
A firm’s production outputs are what it creates using its resources: goods or services.

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