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7 Match the Economic Terms to Their __ Running Costs Profitable Demand __ 1 the Total Amount of a Product That People Want 2 the Money

Вопрос

7 Match the economic terms to their __ running costs profitable demand __ 1 the total amount of a product that people want 2 the money a business pa vs for its activities 3 when the income of a business is higher than its costs 4 the quantity of sales that a company has

Решения

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мастер · Репетитор 5 лет

Ответ

1. Demand2. Running costs3. Profitable4. Sales volume

Объяснение

## Step 1The first term, "the total amount of a product that people want", refers to the concept of 'demand' in economics. This term is used to describe the quantity of a good or service that consumers are willing and able to purchase at a given price.## Step 2The second term, "the money a business pays for its activities", is known as 'running costs'. These are the expenses that a business incurs during its normal operations, such as rent, utilities, and salaries.## Step 3The third term, "when the income of a business is higher than its costs", is referred to as 'profitable'. This term is used to describe a situation where a business's income exceeds its costs, indicating that the business is making a profit.## Step 4The fourth term, "the quantity of sales that a company has", is known as 'ales volume'. This term is used to describe the number of units sold by a company over a certain period of time.