what is role of profit in businesses
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Profit can play as a very important thing in the buisnesses because it equals a company's revenues minus expensive it is important for a company to have profit so that the investors will be interested in investing to the company..
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the The Role of Profit in an Economy. Profit is the surplus revenue after a firm has paid all its costs. Profit can be seen as the monetary reward to shareholders and owners of a business. ... To increase profits, firms may take action which cause market failure.
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