ECONOMICS
ENTREPRENEURS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The difference between the revenue taken in by a business and the costs of operating the business is called:
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capitalism
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profit
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loss
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none of the above
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Explanation:
Detailed explanation-1: -Net profit: Net profit is how much money is left over after all business expenses have been subtracted from the total revenue. This type of profit shows exactly how much a company has earned after depreciation, taxes, interest and operating expenses have been accounted for.
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