A Group of Whales Is Called a

question 32

Multiple Choice

A group of whales is called a

• A) harem.
• B) pod.
• C) covey.
• D) herd.
• E) bevy.

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Definitions:

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.