What is profit in an economic system?(1 point)

Question

Responses

Profit is the net change in the value of the economy due to an exchange.
Profit is the net change in the value of the economy due to an exchange.

Profit is the investment a consumer makes in the economy to achieve financial gain.
Profit is the investment a consumer makes in the economy to achieve financial gain.

Profit is the financial gain resulting from an exchange.
Profit is the financial gain resulting from an exchange.

Profit is the investment a producer makes in the economy to achieve financial gain.

Answer 1

The correct response is:

Profit is the financial gain resulting from an exchange.