In Business Terms What Is Profit Quizlet - An opportunity cost for use. If expenses are greater than income, there's no. Web in business terms, what is profit? It can be found on an income statement. The money received by resource owners and by products for supplying goods and. Web in business terms, income is the money. The organized effort of individuals to produce and sell, for a profit, the goods and services that satisfy society's needs. The amount of money paid for raw materials and products. Profit is the value remaining after a company’s expenses have been paid. A cost paid in money, out of pocket expenses.
Profit is the value remaining after a company’s expenses have been paid. The amount of money paid for raw materials and products. Web in business terms, what is profit? An opportunity cost for use. If expenses are greater than income, there's no. A cost paid in money, out of pocket expenses. Web terms in this set (10) explicit cost. The organized effort of individuals to produce and sell, for a profit, the goods and services that satisfy society's needs. Web in business terms, income is the money. The money received by resource owners and by products for supplying goods and. It can be found on an income statement.