Examlex
-Complete the following implication with hypothesis "2 + 3 = 5."
If 2 + 3 = 5, then 2a + 3a = ?:
Profit
Profit is the financial return or gain achieved from an investment or business venture after subtracting all expenses and costs.
Equilibrium Price
The price at which the quantity of a good or service supplied matches the quantity demanded, leading to market balance.
Competitive Price-Taker
A firm or individual that has no influence over the market price and must accept the prevailing market price for its product or input.
Profit
The financial gain made in a transaction or operation, calculated as the difference between the revenue earned and the costs incurred.
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