Question

1. the money gained by selling a good or service is called _____.

○ margin
○ cost
○ profit
○ revenue

Explanation:

• Margin refers to the difference between cost and revenue, often expressed as a percentage.
• Cost is the money spent to produce or acquire the good/service.
• Profit is the money left after subtracting all costs from revenue.
• Revenue is the total money gained directly from selling goods or services, which matches the question's definition.

Answer:

D. revenue