Aunt Anastasia's available hours for paint and seal have fallen from 80 hours to 60 hours because of other commitments.
Profit is a term that describes the economic profit that a company obtains when its revenues exceed its costs and expenses. For example, a kid at a lemonade stand spends 1/4 of hers making a cup of lemonade. She then sells that her drink for her $2. The profit from a glass of lemonade is $1.75.
Profit, for business use, the excess of gross income over total expenses during a specified period. In economics, profit is the surplus over earnings from capital, land, and labor (interest, rent, and wages).
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