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vaieri [72.5K]
2 years ago
11

Profit is the difference between

Business
1 answer:
Arte-miy333 [17]2 years ago
8 0

Answer: D) the amounts received from customers for goods or services and the amounts paid for the inputs used to provide the goods or services

Explanation:

The profit is the difference between the income and the expenses as:

Profit = Income - expense

Income is money that one earn profit in their business and expenses are the money which we spend. And your total income is your revenue. And if the number is in positive value then, it makes profit.  Therefore, (D) is the correct option.  

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A P E X

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The most important difference between for-profit businesses and nonprofit organizations is that:
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7 0
3 years ago
Presented below is information related to Lexington Real Estate Agency.
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Answer:

Oct 1

DR Cash............................................................................$20,000

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Oct 2. No entry required

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3 0
3 years ago
When a hurricane rips through Florida, the price of oranges rises because the demand curve shifts to the left. supply curve shif
maw [93]

Answer:

Supply curve shifts to the left.

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It is know that Florida is the biggest orange producer in America, when a hurricane rips through Florida, there is no change in demand, so the demand curve remains unaltered. As  for the supply curve, the hurricane is likely to destroy orange crops causing a shortage in supply which corresponds to a shift to the left by the supply curve.

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7 0
3 years ago
If a consumer is always indifferent between an additional one grapefruit or an additional two oranges, then when oranges are on
garri49 [273]

Answer: will be straight lines with a slope of -1/2.

Explanation:

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is due to the fact that the curve is downward sloping.

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3 years ago
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