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CHAPTER 4 · ROUND 1

Chapter 4 · Question 1.2

Key Idea

Beginner Knowledge. You have 60 seconds. Choose the one best answer. This question develops practical judgment in costs, prices, revenue, and profit.

A barbershop collected a large amount of money this month, and the owner remarked, "With such high revenue, we must be making a huge profit." What is wrong with this judgment?
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