Question

question 8
in which of these instances does a loss occur for a business?
when customer wants are not being met
when a business limits consumer choices
when expenses are greater than revenues
when sales exceed the cost of performing business

Explanation:

In business, profit is calculated as revenues minus expenses. When expenses are higher than revenues, the result is negative, indicating a loss. Not meeting customer wants or limiting consumer choices may lead to lower revenues but don't directly define a loss. When sales exceed costs, it's a profit - making situation.

Answer:

When expenses are greater than revenues