Profit is best described as

a. a gain in material items or money after any type of transaction.

c. a monetary loss after a transaction.

b. a monetary gain that occurs as the result of a transaction.

d. the term used to describe an equal trade in goods or services.

Question

Business

Maya Hale

15 March, 06:24

Profit is best described as

a. a gain in material items or money after any type of transaction.

c. a monetary loss after a transaction.

b. a monetary gain that occurs as the result of a transaction.

d. the term used to describe an equal trade in goods or services.

+1

Answers (1)

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Cameron Graham · Answer 1

Profit is a gain after any type of transaction. for example, if you buy a cup for $5 and sold it later on for $10, then the profit that you gained after your transaction of selling the cup is $5. All I did here is subtract 10$ to 5$ because you bought the cup at a cost of $5

Profit is best described asa. a gain in material items or money after any type of transaction.c. a monetary loss after a transaction.b. a monetary gain that occurs as the result of a transaction.d. the term used to describe an equal trade in goods or services.

Profit is best described as

a. a gain in material items or money after any type of transaction.

c. a monetary loss after a transaction.

b. a monetary gain that occurs as the result of a transaction.

d. the term used to describe an equal trade in goods or services.