What is the role of profit?
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The role of profit are..
To get something in extra way.
To get something in extra way.
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The role of profit
Explanation:
- Profit is the surplus income after a firm has returned all its expenses.
- In a capitalist economy, profit represents an essential role in creating incentives for corporations and contractors.
- For a compelling firm, the award of higher profit will prompt them to try and lower expenses and produce new products.
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