Introduction to Business Deneme Sınavı Sorusu #1356073

Profits are earned when _______________________.


a firm doesn't pay out any money to labor.

a firm gets larger revenues than expenses.

a firm brings in less money than its expenses.

the expenses exceed revenues.

the firm experiences a loss in raw materials.


Yanıt Açıklaması:

Profits are earned when a firm gets larger revenues (the money it brings in from the sales of its goods and services) than expenses (the money it pays out to labor, raw materials and others). If the expenses exceed revenues then the firm experiences a loss.

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