Examlex
Match each term with its definition.
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Profits
Financial gains obtained when the revenue generated from business activities exceeds the expenses, costs, and taxes needed to sustain the operation.
Farmer
An individual engaged in the practice of raising crops or livestock, typically for food or raw materials.
Profit-Maximizing
The process by which a firm determines the price and output level that returns the greatest profit.
Per-Bushel Profit
The financial gain earned by selling a bushel (a unit of measure for volume) of agricultural produce, after subtracting the cost of production.
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