idreamz6273 idreamz6273
  • 15-12-2021
  • Business
contestada

which is a true statement about how profit can be an incentive for entrepreneurs?

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ayokenny2001
ayokenny2001 ayokenny2001
  • 22-12-2021

The true statement regarding the profit of an entrepreneur is : Makes the gap between the rich and poor more noticeable.

Profit is the gain realized from the sale of commodities. It is the difference between total revenue and total cost.

Elements of profits include the following :

  • Sales
  • Margin
  • Expenses

Therefore, it should be noted that profit can be an incentive for entrepreneurs as it makes the gap between the rich and poor more noticeable.

Learn more about profit here : brainly.com/question/1078746

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