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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 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

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

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

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1. Demand<br />2. Running costs<br />3. Profitable<br />4. Sales volume

Изложение

## Step 1<br />The 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.<br /><br />## Step 2<br />The 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.<br /><br />## Step 3<br />The 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.<br /><br />## Step 4<br />The 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.
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