According to the Text,profit Is the Reward for Business in Exchange

question 38

Multiple Choice

According to the text,profit is the reward for business in exchange for the ____ taken in providing products.

• A) expenses
• B) time
• C) energy
• D) risks
• E) markets

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Definitions:

Conversations

The act of exchanging thoughts, information, or ideas through verbal communication between two or more people.

Speakers

Individuals who give talks or presentations, often experts in a particular field or subject matter.

Symbolic Interactionists

Sociologists who focus on the study of how individuals interact and communicate within society, emphasizing the role of symbols and language.

Rational Exchange Theorists

Scholars who analyze social interactions in terms of costs and benefits, suggesting individuals aim to maximize rewards and minimize costs.