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Economics - Financial Markets 17 Online
OpenStudy (anonymous):

Profit is a result of __________ A) capital B) land C) entrepreneurship D) labor

OpenStudy (anonymous):

I believe the correct answer is... A) Profit is the result of capital because of how profit is determined.

OpenStudy (anonymous):

I think C Because entrepreneurship makes you handle capital , land , labor , taking into a/c cost and revenues ( revenue-cost=profit)

OpenStudy (vaboro):

(C) is most probably the correct answer, in other words profit is a means to measure entrepreneurship

OpenStudy (anonymous):

Answer is C It is not A because capital does not necessarily lead to a profit.

OpenStudy (anonymous):

Profit occurs when revenue is greater than cost.

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