Profits(이윤): total revenue received from selling the product minus the total costs of producing the product.
Total revenue(총 수입): the price per unit times the quantity the firm sells.
Total costs(총 비용): the sum of all costs incurred in producing goods or services.
Production function(생산함수): a relationship that shows the quantity of output for any given amount of i
profits; it should be confidential for a small sized guest house like Zen Backpackers, in order to keep the management method from being taken by competitors in the same industry. However, the only thing he mentioned was only 30% of the totalprofit becomes net income.
4) Reservation System
Travelers can make a reservation directly through its own website and well-known accommodation
profit.
(그는 상당한 이익을 남겼다.)
(9) commitment : 책임. 약속
You should keep the marriage commitment.
(결혼 서약을 꼭 지켜야 합니다.)
(10) dealership : 판매 대리점
Hankuk motor company expanded dealerships in Cheju-island.
(한국 자동차 회사는 제주도에 판매 대리점을 확장했다.)
(11) treaty : 조약
The president of the comp