genessiszamorap82xpq genessiszamorap82xpq
  • 03-03-2019
  • History
contestada

what role does the profit motive play in a market economy?

Respuesta :

amaramumu5 amaramumu5
  • 03-03-2019

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. In a capitalist economy, profit plays an important role in creating incentives for business and entrepreneurs.

Answer Link

Otras preguntas

A sentence composed of nonsense words can have grammatical meaning. a. True b. False
In response to the corruption and favoritism in city governments, the _______________ was passed in 1883, establishing a merit system for employment in the gove
Direct Hit You could see rainbows in Terrence's eyes. He had never seemed so giddy and bubbly before. Even a c
(3x + 2) ( x-2) Simplify expressions? 2/3 x 1/8 ? or 3 3/4 divided by 1 1/2 how do u simplify?
what impact did industrialization have on social class and social inequality?
Kate wants to have $25,000 in 16 years. How much does she need to invest if the interest rate is 6 percent per year?
Taylor says that 40 percent of 50 is the same amount as 50 percent of 40 is she correct
Gametophytes have gamete-producing organs called _____.
Why do some people dislike federal grants-in-aid programs?
What did Andrew Jackson do to expand Democracy?