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What is profit

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Profit is the monetary gain that results from a business activity's revenue exceeding its expenditures, expenses, and revenue-generating taxes. It is a crucial sign of a business's financial stability and effective resource management. For more insight into profit and how it affects different businesses, check out the educational website of HBSS Academy. https://hbssacademy.com/what-is-profit-and-loss-in-economics/

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