Profit

what is profit?

• the money you spend to make something

• the money you make at the end

• the money you made after you subtract the money you spend to make it

• the money you lost.

what is production cost?

• the money you spend to make something

• the money you make at the end

• the money you made after you subtract the money you spend to make it

• the money you lost.

what is money loss?

• the money you spend to make something

• the money you make at the end

• the money you made after you subtract the money you spend to make it

• the money you lost.

What is it called when there is a high demand for something, but there's not enough?

• production cost

• profit

• Scarcity

• money loss

What would most likely happen if the cost to make something increases?

• The price will decrease.

• The price will drop.

• The price will increase.

• The price will stay the same.

What would most likely happen if there is not enough people buying a good?

• The price with decrease.

• The price will stay the same.

• The price will increase.

• The price will go down to free.