Examlex
Which of the following statements is correct?
Consumers' Desire
The inclination or preference of consumers towards certain goods, services, or experiences.
Economic Function
The role or purpose that an entity or phenomenon serves within the broader economy, such as production, distribution, or consumption.
Profits and Losses
Financial outcomes of a business's operations where profits represent the excess of revenues over expenses and losses reflect the opposite.
Distribution of Income
The way in which the total income earned in an economy is divided among its citizens or factors of production.
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