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  • Concepts: Revenue, Cost, Profit.
  • Background: The bounty receipt provides us with some information about Spike and Jet’s revenue but also some of their costs. While the reward for this capture was relatively high (the revenue), the costs were far from negligible. Spike and Jet receive a tiny amount of money when including all the direct costs kept by the authorities. However, those were not the only cost. They still have to cover their own expenses, which ultimately leave them no profit. As the quote from the clip exemplifies, it “barely covers fuel and nevermind food.”
  • Question: Explain the difference between revenue and profit. Can we determine the heist crew bounty’s profitability just by observing their revenue?”

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Published On
By econetflix
Cagegories