Question

Give one word/phrase/term for the following sentence.


a) They provide support services to primary and secondary industries.


b) When goods and services are purchased from another country.


c) Revenue minus total cost.​

Answer 1

a) Tertiary industries provide support services to facilitate activities of primary and secondary industries.

b) Exports are goods and services that are produced in one country and sold to buyers in another.

c) Economic profit is total revenue minus total cost, including both explicit and implicit costs. The difference is important because even though a business pays income taxes based on its accounting profit, whether or not it is economically successful depends on its economic profit.

Answer 2

Explanation:

a)Tertiary Industries

b)imports

c) Total Profit .