Question

if tc and tr's gap show profit and losses?
then, the gap between ac and ar
and the gap between mc and mr

Answer 1

The gap between TC and TR shows the total profit or total loss to the firm. The gap or difference between AC and AR shows the per unit profit or loss to the firm. And, the gap or difference between MC and MR of a particular unit shows the profit or loss to the firm by selling that particular unit.