The money left over from sales after all the costs of operating a business have been paid is called.

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10-09-2022
Business

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The money left over from sales after all the costs of operating a business have been paid is called.

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qwcat qwcat · Answer 1 · 2022-09-13T16:42:03+02:00

The money left over from sales after all the costs of operating a business have been paid is called Profit.

The money in a business keeps after deducting all costs is known as profit. The main objective of any business, whether it be a small stand or a publicly traded multinational corporation, is to make money. As a result, a company’s success is determined by its profitability in all of its forms. The three main types of profit are gross profit, operating profit, and net profit, all of which can be found on the income statement.

Supply and demand are important ideas in both business and economics in and of themselves. But when you combine the two as supply and demand , you have a widely accepted economic model that explains how prices are determined in a market.

To learn more about, Profit refer this link.

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