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Which horse moves faster in m/s on a merry-go-round?
Profit
Profit represents the financial gain obtained when the revenue from business activities exceeds the expenses, costs, and taxes involved in operating the business.
Industry Supply
The total output of a specific good or service that all producers in an industry are willing to sell at different price levels.
Industry Demand
The total demand for the products or services produced by a specific industry, reflecting the collective demand of all consumers in the market.
Losses
Financial deficits that occur when the costs of operating a business exceed the revenue generated from selling goods or services.
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