Show Recommended textbook solutions Principles of Economics7th EditionN. Gregory Mankiw 1,263 solutions Economics: Principles in Action1st EditionArthur O'Sullivan, Steven M. Sheffrin 831 solutions Economics1st EditionGrant Wiggins 890 solutions Principles of Corporate Finance12th EditionFranklin Allen, Richard A. Brealey, Stewart C. Myers 600 solutions What is an activity that seeks profit by providing goods and services to others?profit. any commercial activity that seeks profit by providing good and services in exchange for money. the money left over after a business has paid the cost of providing its goods and services.
What is the money a company earns from providing services or selling goods to customers?Revenue is the money a company earns from the sale of its products and services.
What is an organization that provides goods and services while seeking to operate at a profit?A business is an organization that strives for a profit by providing goods and services desired by its customers. Businesses meet the needs of consumers by providing medical care, autos, and countless other goods and services.
What is an example of a public want?Public wants are widely shared by many people (society), such as highways, public libraries, shopping centers and parks.
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What is defined as any activity that seeks to provide goods and services to others with the goal of earning a profit?
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