Risk Rewarded

To use resources wisely, business owners must reduce

Which of the factors that affect profit are usually able to be controlled?

Businesses must be careful about increasing prices of their goods to increase profits because:

Profitable businesses often help to improve their local communities by

Gross profit shows business owners the difference between what they've

The amount of money paid for raw materials and products sold is called

If no profit is generated in the long run, a business must

When employees are working faster or better, they are increasing their

For each new product it offers, a business seeks 

Which of the following is a general benefit profit provides?

Which is a situation in which people are out of work and can't afford extra purchases:

If expenses are greater than income, there's no

Which activities are likely to increase a firm's profit?

Besides motivation, what does profit provide business owners in particular?

Business owners are usually interested in net profit because they want to know what they can

In business terms, income is the money

The money spent to run a business is called

Each purchase strengthens the economy by encouraging

In business, what is profit?

A popular product is said to be