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If I buy a car for $10,000 and turn around and sell it for $12,000, what is the name for the $2,000 that I made? Group of answer choices Profit Deficit Deflation Barter

If I buy a car for $10,000 and turn around and sell it for $12,000, what is the name for the $2,000 that I made? Group of answer choices Profit Deficit Deflation Barter
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3 votes
If I buy a car for $10,000 and turn around and sell it for $12,000, what is the name for the $2,000 that I made?

Group of answer choices

Profit

Deficit

Deflation

Barter

User Valegians
by
8.0k points

1 Answer

4 votes
The name for the $2,000 that you made will be called profit
User Itzik Ben Shabat
by
8.5k points
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