Asked by Boston Bragg on Jul 01, 2024
Verified
In the U.S.economy,_____ are considered the reward for the risk of entering a business.
A) revenues
B) concessions
C) profits
D) sales
Entering Business
The process or action of starting a new business or entering a new market.
Revenues
The total amount of money received by a company for goods sold or services provided during a certain time period.
- Acknowledge the function of profits as a key driver for entrepreneurship and business development.
Verified Answer
RH
Rakib Hossain7 days ago
Final Answer :
C
Explanation :
Profits are considered the reward for the risk of entering a business because they represent the financial gain obtained after subtracting expenses from total revenue, reflecting the success and financial health of the business venture.
Learning Objectives
- Acknowledge the function of profits as a key driver for entrepreneurship and business development.