4
QuizMultiple Choice

Profit

Question 4 • 2102320-Economics HONORS - Edgenuity Teacher

Clark’s Cleaners is a housekeeping service. The company’s expenses include the

Answer
m
money the company earns after paying all of its production costs.
c
cleaning supplies and any equipment the company purchases.
t
total amount of money the company receives from its customers.
a
amount of money the company earns from an individual cleaning.

Explanation

Expenses are the costs a business pays to operate. For Clark’s Cleaners, cleaning supplies and equipment are costs, so they count as expenses. The money received from customers is revenue, while money left after costs are paid is profit.

AI-written and checked against the verified answer.

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