English
Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

What is profit? - Economics

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Question

What is profit?

One Line Answer

Solution

Profit is the amount left with the entrepreneur after he has made payments for all the other factors of production.

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Chapter 6: Distribution Analysis - Model Questions - Part B [Page 141]

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Samacheer Kalvi Economics [English] Class 11 TN Board
Chapter 6 Distribution Analysis
Model Questions - Part B | Q 26 | Page 141

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