8 COST AND REVENUE - National Institute of Open Schooling

stored. To purchase these things, the producer must be ready to pay the price for them. Once the goods or services are produced, the producer sells them in the market to various consumers. At this time, the consumers pay price to the producer to purchase the goods and services. With this the producer starts earning money. So,

  Revenue, Cost, Recip, Earnings, 8 cost and revenue