What is the equation for the profit of a firm, Finance Basics

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What is the equation for the profit of a firm

Problem

1. What is the equation for the profit (or loss) of a firm?
2. What role does diminishing marginal product play in determining the ideal mix of labor and capital a firm should use?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Finance Basics: What is the equation for the profit of a firm

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Finance Basics: What is the equation for the profit of a firm

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