What occurs when businesses sell products or services for more than they cost to produce?
A) Expense
B) Profit
C) Loss
D) Revenue

Name: What occurs when businesses sell products or services for more than they cost to produce? A) Expense B) Profit C) Loss D) Revenue
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Question

Quizplus · Accepted Answer

When businesses sell products or services for more than their production costs, they make a profit. This is the difference between the selling price and the cost of production.

What Occurs When Businesses Sell Products or Services for More