Brian is starting his own business producing chairs designed to be used while playing video games. this is an example of
a. creating a monopoly
b. specialization
c. the factor market
d. self-interest
profit is best described as
a. a gain in material items or money after any type of transaction.
c. a monetary loss after a transaction.
b. a monetary gain that occurs as the result of a transaction.
d. the term used to describe an equal trade in goods or services.