Which term means economic gain from selling goods or services?

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Multiple Choice

Which term means economic gain from selling goods or services?

Explanation:
Profit is the economic gain from selling goods or services. It’s what you have left after you subtract the costs of making or delivering the product from the money earned from sales. Revenue is the total money coming in from sales before costs. Wages are payments for work. Earnings can mean income in general, but the net gain after costs is profit. For example, a lemonade stand that brings in $100 from sales but spends $60 on lemons, sugar, cups, and time has a profit of $40.

Profit is the economic gain from selling goods or services. It’s what you have left after you subtract the costs of making or delivering the product from the money earned from sales. Revenue is the total money coming in from sales before costs. Wages are payments for work. Earnings can mean income in general, but the net gain after costs is profit. For example, a lemonade stand that brings in $100 from sales but spends $60 on lemons, sugar, cups, and time has a profit of $40.

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