profit is the sum of all the values that customers give up to gain the benefits of having or using a product or service. Hence, option B is correct.
<h3>What is profit?</h3>
The term "profit" refers to the monetary gain realized when the income from a commercial operation outweighs the expenses, charges, and taxes related to operating that enterprise.
Your profit is the amount of money left over after paying your business's expenses. The three main categories of profit are gross profit, operating profit, and net profit. The gross profit is the highest. The balance remaining after paying for the goods and services purchased is shown.
Thus, option B is correct.
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