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    Exam 1: Exploring the World of Business and Economics
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    When a Firm's Sales Revenues Are Greater Than Its Expenses
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When a Firm's Sales Revenues Are Greater Than Its Expenses

Question 53

Question 53

Multiple Choice

When a firm's sales revenues are greater than its expenses, what has the firm earned?


A) a profit
B) a loss
C) a financial resource
D) a factor of production

Correct Answer:

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