Ask Question
28 August, 02:26

Under what condition does a business make a profit?

+4
Answers (2)
  1. 28 August, 04:02
    0
    Profit is the positive financial gain your business makes after you've subtracted all your expenses ... You can then develop strategies to increase your profits, including ways to increase your sales revenue, your profit on individual products and services, and decrease costs
  2. 28 August, 05:22
    0
    When the cost of producing is less than the income.

    Explanation

    To be able to make a product or service a business has expenses, which are related to materials, building, electricity, labor etc ... And the business also has an income, which is the total value of the sold products or services. In order to make a profit, a business needs to have more income than expenses.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Under what condition does a business make a profit? ...” in 📘 History if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers