Answers DX Personal Finance A Cumulative Exam — Cumulative examQuestion 7

7

QuizMultiple Choice

Cumulative Exam — Cumulative exam

Question 7 • DX Personal Finance A

What is the best definition of profit?

Answer

A

Profit is the possible income from producing an additional item.

B

Profit is the price of producing one additional unit of a good.

C

Profit is the additional income gained from selling an additional good.

D

Profit is the financial gain from business activity minus expenses.