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Positive Profits
A financial gain that occurs when the revenues generated from business activities exceed the costs and expenses involved in operating the business.
Shut Down
A short-term decision by a firm to cease production due to unfavorable market conditions.
Firm
An entity like a corporation, partnership, or sole proprietorship engaged in selling goods or services for financial gain.
Price
The sum of money needed to buy a product, service, or asset.
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