Ques 1.
Five major commercial trade cities of ancient India
Ques 2.
Describe the roles of profit in business... Briefly
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1
Answer:
1 Ans) 1.harappa 2.mohenjodaro 3.pataliputra 4.peshawar 5.indraprasth
Ans 2) profit plays an important role in creative incentives for business and entrepreneurs
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Ques 1.
Five major commercial trade cities of ancient India
Ans:- Harappa and Mohenjodaro, Indraprastha, Mathura, Mithila, and Surat are few major commercial cities of Ancient India.
Ques 2.
Describe the roles of profit in business...
Briefly
Ans:- Profit is the surplus revenue after a firm has paid all its costs. ... In a capitalist economy, profit plays an important role in creating incentives for business and entrepreneurs. For an incumbent firm, the reward of higher profit will encourage them to try and cut costs and develop new products.
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